Manufactured Housing Stocks outperforms Dow on up day
CNNMoney reports that the Dow closed up at 12,044.47 +208.43 (+1.76%), on news that the Europeans Central Bank announced its first rate cut in two years. The Yahoo! Finance Manufactured Housing Composite Value rose to close at 869.7 +4.26%. Affiliated Managers Group 94.30 +2.68 (+2.93%). Clayton Homes, Vanderbilt Mortgage and Finance and other MH building, lending and housing supplier parent company Berkshire Hathaway 118,300.00 +1,821.00 (+1.56%) Cavco Industries 46.56 +1.67 (+3.72%). Champion Enterprises, Deer Valley Homes, Equity Lifestyle Properties, Liberty Homes, Palm Harbor Homes and UMH all remained unchanged. Drew Industries declined a fraction, closing at 22.86 -0.06 (-0.24%), but rose in after hours trading. Nobility Homes lead gainers, closing at 6.79 +1.07 (+18.71%). Patrick $ 2.18 +0.16 (+ 7.92% ). Skyline $ 6.83 +0.12 (+ 1.79% ). Sun Communities $ 38.28 +0.31 + 0.82% . Third Avenue Value Fund (11.2) $43.88 +1.09 (+2.55%). UFPI $ 27.39 +1.18 (+4.5% ).
(Graphic Credit: CNNMoney and RealTick)
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