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Home > Business, News Item, Stocks > Skyline Rises, Deer Valley Hits a Stump

Skyline Rises, Deer Valley Hits a Stump

June 28th, 2012

Today’s U.S. Supreme Court decision upholding the ObamaCare health plan prompted a sell- off of U.S. stocks as investors fear it will cost the government more, thereby further delaying the economic recovery everyone wants. Nonetheless, CNNMoney reports the Dow climbed back towards the end of the day, losing -24.75 points, -0.20%, to finish at 12,602.26. The Nasdaq fell -0.90 percent to 2,849.49, while the S&P lost -0.20 percent to 1,329.04. The Yahoo! Finance Manufactured Housing Composite rose +0.62 percent to close at 1,048.7. Housing stocks we track closed mixed or even. Skyline Corp. gained the most of stocks we follow, adding +3.09%, +0.15, to close at 5.00. Deer Valley lost the most of stocks we track, dropping -10.26%, -0.08, to close at 0.70. Affiliated Managers Group 105.50 +1.16 (+1.11%). Cavco 49.55 +0.54 (+1.10%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 123,435 +485.00 (+0.39%). Champion, Liberty Homes, and Palm Harbor all remained unchanged. Drew Industries 26.67 -0.30 (-1.11%). Equity Lifestyle Properties 66.80 +0.66 (+1.00%). Louisiana Pacific Corp. 10.54 -0.08 (-0.75%). Nobility Homes 5.50 -0.50 (-8.33%). Patrick Industries, Inc. 11.80 -0.18 (-1.50%). Sun Communities 42.69 +0.26 (+0.61%). Third Avenue Value Fund (6-27) 43.60 +0.63 (+1.47%). United Forest Products, Inc. 38.70 +0.10 (+0.26%). UMH Properties 10.51 +0.01 (+0.10%).

(Graphic credit: CNNMoney and RealTick)


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