Fidelity National Financial had the second largest percentage gain among Mortgage Industry Equity Composite stocks on Friday, even though the company
The offering is being used to raise cash to pay for Lender Processing Services and that cheered investors. FNF closed Friday at $27.58, up 1.85% from Thursday’s $27.08. The offering was priced at $26.75 per share.
LPS, which is not in the MIEC, hit a 52-week high during the day and closed at $34.06, up 1.13%
There were 10 MIEC stocks which closed higher.
Ellie Mae was the largest gainer on Friday, up 4%. MGIC Investment Corp. had the third biggest percentage increase, up 1.1%.
There were seven MIEC stocks closing lower, led by Astoria Financial, down 1%. CoreLogic was down 0.74% and OceanFirst Financial was down 0.67%.
