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LEGH - Legacy Housing: Getting Ready For A Comeback
Legacy Housing Corporation
2024-04-14 15:02:03 ET
Summary
Legacy Housing Corp. has experienced a drop in share price after a disappointing financial report and Wall Street downgrades.
The company reported a decline in product sales but highlighted areas of financial growth and strategic plans for expansion.
Legacy Housing's loan portfolio remains healthy, with an increase in consumer and community operator loans, indicating the importance of this segment for the company's revenue.