MGIC Big Gainer Among MIEC Stocks

MGIC Investment Corp., after three days of being the dog of the Mortgage Industry Equity Composite, was the darling on Wednesday, posting a gain of 1.57% at closing; at one point during the day, the stock was up 5.7%.

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There were only five MIEC members in the green on the day; the others are KB Home, Fidelity National Financial, Hudson City Bancorp (which reported its earnings earlier in the day) and Home Loan Servicing Solutions.

CoreLogic, which until mid-afternoon had been among the gainers on the day, took a nosedive and end up being posting the largest decline on a percentage basis, off 2.35%.


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