Patrick Advances Again, +6.08%, as Falling Oil Prices Fells Dow

stock_report_Feb_11In the news from CNNMoney: Oil drops below $27 again, worrying investors. Dow dropped 412 points, regained 150 of it. U. S. oil bankruptcies spike 379 percent. Gold prices boosted by market turbulence. Fed Chair Janet Yellen says negative rates possible in U. S. Stocks fall to lowest level in nearly two years. Computer beats humans in ancient game of Go.

On the Big Board:

The Dow Jones Industrial Average dropped -1.60 percent, -254.56 points, to close at 15,660.18.

The NASDAQ slipped -0.39 percent, -16.75 points to end at 4,266.84

The S&P 500 lost -1.23 percent, -22.78 points, to finish at 1,829.08.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -1.94 percent to finish at 862.5. MH-related stocks closed mixed, although Patrick Industries out-paced other tracked stocks for the second consecutive day, gaining +6.08 percent, +1.83 points to close at 31.92. Affiliated Managers dropped more than other stocks, -2.64 percent, -3.19 points to close at $117.80.

Affiliated Managers Group, Inc. (NYSE: AMG) $117.80 -3.19 (-2.64%).

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $190,000 -520.00 (-0.27%).

Carlyle Group (NASDAQ:CG) $11.70 -0.16 (-1.35%).

Cavco Industries, Inc. (NASDAQ:CVCO) $71.86 -1.54 (-2.10%).

Deer Valley Corporation (OTCMKTS:DVLY) $0.63 0.00 (0.00%).

Drew Industries, Inc. (NYSE:DW) $56.85 +1.71 (+3.10%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) $65.70 -0.24 (-0.36%).

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

Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%). (Dec.31)

Louisiana-Pacific Corporation (NYSE:LPX) $13.78 -0.28 (-1.99%).

Nobility Homes Inc. (OTCMKTS:NOBH) $12.15 0.00 (0.00%)

Patrick Industries, Inc. (NASDAQ:PATK) $31.92 +1.83 (+6.08%).

Skyline Corporation (NYSE:SKY) $3.96 +0.03 (+0.76%).

Sun Communities Inc. (NYSE:SUI) $63.93 -0.51 (-0.79%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $40.45 -0.79 (-1.92%).

UMH Properties, Inc. (NYSE:UMH) $9.22 +0.17 (+1.88%).

Universal Forest Properties, Inc. (NYSE:UFPI) $61.04 -0.10 (-0.16%). ##

Graphic credit: CNNMoney)

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

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