Patrick one of only Two MH-related Stocks that Advanced

stock_report_Dec_2In the news from CNNMoney: CEOs are not optimistic about the economy. Global corporate defaults exceed 100 as energy companies fall to low oil prices. Fed says interest rate hike likely this month. Gun background checks hit record on Black Friday. World’s richest ten percent produce half of all carbon emissions. Brazil’s recession deepens.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -0.87 percent to close at 1198.3. All except two manufactured housing-related stocks we cover closed down or even. Patrick Industries, Inc. gained +3.38 percent, advancing +1.42 points, more than the other tracked stock, to close at $43.44. UFPI was the only other tracked stock that gained. Skyline Corp. fell more than other MH-related stocks, -2.92 percent, to end the day at $3.66.

On the Big Board:

The Dow Jones Industrial Average fell -0.89 percent, losing -158.67 points, to end at 17,729.68.

The NASDAQ moved down -0.64 percent, -33.09 points, to end the day at 5,123.22.

The S&P 500 fell more than the other two major indices, -1.10 percent, -23.12 points to close at 2,079.51

As of 4 PM ET, CNNMoney Finance tells MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) $175.73 -4.14 (-2.30%).

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $202,930 -2.015. (-0.98%).

Carlyle Group (NASDAQ:CG) $17.53 -0.33 (-1.85%).

Cavco Industries, Inc. (NASDAQ:CVCO) $90.90 -1.64 (-1.78%).

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

Drew Industries, Inc. (NYSE:DW) $60.73 -1.05 (-1.70%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) $62.65 -1.01 (-1.59%).

Killam Properties Inc. (TSE:KMP) $10.45 -0.16 (-1.51%).

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

Louisiana-Pacific Corporation (NYSE:LPX) $17.58 -0.37 (-2.05%).

Nobility Homes Inc. (OTCMKTS:NOBH) $12.20 0.00 (0.00%)

Patrick Industries, Inc. (NASDAQ:PATK) $43.44 +1.42 (+3.38%).

Skyline Corporation (NYSE:SKY) $3.66 -0.11 (-2.92%).

Sun Communities Inc. (NYSE:SUI) $66.99 -1.29 (-1.89%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $54.92 -0.63 (-1.13%).

UMH Properties, Inc. (NYSE:UMH) $9.69 -0.18 (-1.82%).

Universal Forest Products, Inc. (NYSE:UFPI) $77.44 +0.28 (+0.37%). ##

(Graphic credit: CNNMoney)

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

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