AMG Drops nearly 13 percent in Two Days; Dow Regains 103 Points

stock_report_Dec_14In the news from CNNMoney: Natural gas prices half of last winter’s. Seattle voting on bill to allow Uber drivers to unionize. Oil prices fall below $35 as the industry braces for Iranian oil hitting the market. South Africa’s economy is in a mess. Smartphone’s battery can last up to 15 days. Amazon has halted sale of almost all hoverboards after numerous reports of fire.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -1.53 percent to close at 1098.6. Tracked stocks mostly closed down to end the trading day, but UMH Properties moved up +1.06 percent to close at $9.54, while Affiliated Managers Group fell more than other MH-related stocks for the second consecutive day, losing -4.98 percent to end the day at $145.10. AMG has lost nearly 13 percent in the last two days.

On the Big Board:

The Dow Jones Industrial Average regained a third of its loss from Friday, advancing +.60 percent, gaining +103.29 points, to end the day at 17,368.50.

The NASDAQ advanced +0.38 percent, +18.76 points, to finish the day at 4,952.23.

The S&P 500 moved up +0.48 percent, +9.57 points, to close at 2,021.94.

As of 4 PM ET, CNNMoney Finance tells MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) $145.10 -7.76 (-4.98%).

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $198,014 0.00 (0.00%).

Carlyle Group (NASDAQ:CG) $15.19 -0.49 (-3.13%).

Cavco Industries, Inc. (NASDAQ:CVCO) $81.49 -0.74 (-0.90%).

Deer Valley Corporation (OTCMKTS:DVLY) $0.75 0.00 (0.00%).

Drew Industries, Inc. (NYSE:DW) $58.03 +0.06 (+0.10%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) $62.55 +0.44 (+0.56%).

Killam Properties Inc. (TSE:KMP) $10.35 -0.12 (-1.15%).

Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).

Louisiana-Pacific Corporation (NYSE:LPX) $16.47 -0.10 (-0.57%).

Nobility Homes Inc. (OTCMKTS:NOBH) $12.10 0.00 (0.00%

Patrick Industries, Inc. (NASDAQ:PATK) $40.00 -0.05 (-0.13%).

Skyline Corporation (NYSE:SKY) $2.86 -0.07 (-2.39%).

Sun Communities Inc. (NYSE:SUI) $67.11 -0.18 (-0.28%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $47.73 -1.09 (-2.23%).

UMH Properties, Inc. (NYSE:UMH) $9.54 +0.10 (+1.06%).

Universal Forest Properties, Inc. (NYSE:UFPI) 70.09 -1.35 (-1.89%). ##

(Graphic credit: CNNMoney)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Mathew J. Silver to Daily Business News-MHProNews.

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