Nobility Homes Plummets; Dow, Nasdaq, S&P lose Yesterday’s Gains

stock_report_May_17sIn the news from CNNMoney: Oil prices hit highest level in seven months. American Airlines flight attendants will no longer make connecting gate announcements towards the end of each flight—passengers complained of the interruption. Mark Cuban warns of market turmoil if Trump wins the presidency. Chinese incubator may be rivaling Silicon Valley. TSA has plans to reduce wait times at airports. Couple sues Snapchat for auto accident. Krispy Kreme soars on buyout.

On the Big Board:

The Dow Jones Industrial Average dropped -1.02 percent, -180.73 points, to end the day at 17,529.98.

The NASDAQ lost -1.25 percent, -59.73 points to close at 4,715.73.

The S&P 500 fell -0.94 percent, -19.45 points, to close at 2,047.21.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -2.64 percent to finish at 1342.2. Active MH-related stocks closed mostly down, although Carlyle Group gained +2.59 percent, +0.41 points, to end the day at $16.25. Nobility Homes dropped more than other tracked stocks, -11.67 percent, -1.75 points, to end the day at $13.25.

Affiliated Managers Group, Inc. (NYSE: AMG) $162.51 -1.36 (-0.83%)

Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers 210,695. -1,835. (-0.86%).

Carlyle Group (NASDAQ:CG) $16.25 +0.41 (+2.59%).

Cavco Industries, Inc. (NASDAQ:CVCO) $93.95 -1.38 (-1.45%).

Deer Valley Corporation (OTCMKTS:DVLY) $ 0.65 0.00 (0.00%).

Drew Industries, Inc. (NYSE:DW) $72.95 -1.53 (-2.05%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) $72.65 -1.08 (-1.46%).

Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)

Louisiana-Pacific Corporation (NYSE:LPX) $17.83 -0.28 (-1.55%).

Nobility Homes Inc. (OTCMKTS:NOBH) $13.25 -1.75 (-11.67%)

Northstar Realty Finance Corp. (NYSE:NRF) $13.29 +0.09 (+0.68%)

Patrick Industries, Inc. (NASDAQ:PATK) $48.42 -1.27 (-2.56%).

Skyline Corporation (NYSE:SKY) $9.35 -0.10 (-1.06%).

Sun Communities Inc. (NYSE:SUI) $70.03 -1.48 (-2.07%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $49.19 +0.42 (+0.86%).

UMH Properties, Inc. (NYSE:UMH) $9.68 -0.22 (-2.22%).

Universal Forest Properties, Inc. (NYSE:UFPI) $79.77 -1.88 (-2.30%). ##

(Graphic credit: CNNMoney)

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

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