UWMC News and Press, UWM Holdings Corporation Class A From 06/07/21

Low for-sale inventories and record low interest rates pushed home prices up 14.8% in April, the highest annual home price growth rate that Black Knight has seen in it almost 30 years of collecting data and the 17th straight month of increases.For-sale listings are down 53% in April vs. ...

UWM Holdings (UWMC) stock falls 2.9% in premarket trading after Credit Suisse analyst Douglas Harter downgrades the stock to Neutral from Outperform as its positives are already priced in.Positives include: attractive capital return (4.5% dividend and share repurchases), signs of st...

The top five outperformers in the financial sector (of stocks with market cap over $2B) for the week ending May 28, 2021:UP Fintech Holding (TIGR) (+25.21%);Upstart Holdings (UPST) (+19.95%);Marathon Digital Holdings (MARA) (+18.04%) gained during a week where bitcoin gyrated;LoanDepot (...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The first half of May was anything but good for UWM Holdings (NYSE: UWMC ). Better known as United Wholesale Mortgage (UWM), the wholesale lender of residential mortgages saw UWMC stock fall almost 25% earlie...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips UWM Holdings (NYSE: UWMC ) is a most interesting company. UWM, which is short for United Wholesale Mortgage, rose to prominence earlier this year thanks to the r/WallStreetBets excitement. Traders bid it up in hopes...

Mortgage origination is a feast-or-famine business, and business conditions can turn on a dime. Last year was the best for the mortgage industry since 2003, and a number of mortgage bankers went public. Yet in 2021, the mortgage banking sector has completely underperformed. The stock pr...

The mortgage industry faces significant headwinds in rising interest rates and declining refinance volume. UWMC is better poised than its competitors, including Rocket Mortgage, to pivot to the home purchase market. UWMC has a reasonably attractive valuation even when accounting f...

Gainers: Transcontinental Realty Investors (TCI) +22%. AMREP (AXR) +13%. Ashford Hospitality Trust (AHT) +12%. UWM Holdings (UWMC) +10%. Atlantic American (AAME) +9%.Losers: InnSuites Hospitality Trust (IHT) -14%. Q&K International Group (QK) -13%. Banco Santander (BSAC) -12%. SuRo Capita...

Shares of wholesale mortgage lender UWM Holdings (NYSE: UWMC) rose by as much as 15% Monday morning for no obvious reason. As of 11:40 a.m. EST, that rise had moderated somewhat back to a gain of about 7.8%. UWM stock has been on an upward trend for most of the last week. On one...

Discovery DISCK +24% on definitive agreement with AT&T.Aerpio Pharmaceuticals ARPO +20% on merger deal with Aadi Bioscience.Nuvve Holding Corp. (NVVE) +16%.Aterian (ATER) +13%.Net Element (NETE) +13%.Mind Medicine MNMD +12% on receiving FDA Type C meeting res...