Arbor Realty Trust is trading 5.24% lower at $2.81 amid broader market weakness; no company announcement today was found that directly explains the decline. - The S&P 500, Nasdaq Composite and Dow Jones were all lower, with the Dow down 1.10%, consistent with broader risk-off pressure. - Arbor Realty Trust is set to be removed from the S&P SmallCap 600 before the market opens on October 28. The announcement gave no reason, and sources did not directly link the removal to todayβs decline.