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Ellie Mae Generates Largest Gain in MIEC

FEB 6, 2013 5:37pm ET
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Industry technology provider Ellie Mae’s stock price increase on Wednesday was the largest among stocks in this publication’s Mortgage Industry Equity Composite.

Ellie Mae’s share price increased more than 5% on the day when the Dow eked out only a small 0.05% gain.

Other industry stocks that also did well Wednesday were mortgage insurers MGIC and Radian, which gained more than 2.8% and 2.3%, respectively.

Some stocks did move into negative territory during the day, including builder Kaufman and Broad, which was down 0.86%; industry vendor Fiserv, which was down 0.61%; and Hudson City Bancorp, which was down 0.34%.

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