Penny Mac’s stock ended the trading day Friday with the largest percentage gain among those listed in this publication’s Mortgage Industry Equity Composite.
The move marks a rebound from
PennyMac’s shares ended Friday up 1.61%, according to Yahoo Finance.
The Dow’s gain on the day was 0.35%, and MIEC stock changes ranged from PennyMac’s high of 1.61% to Radian’s decline of 2.33%.
Other MIEC stocks that took a loss on the day included MGIC, which was down 1.43%; Home Loan Servicing Solutions, which was down 0.99%; Bank of America, which was down 0.68%; and PHH, which was down 0.31%.
The only other MIEC stock that registered a gain of more than 1% on the day was Ellie Mae, which was up 1.35%.
