34 % MH Revenues Help UFPI Stock as Dow Nudges Down

Weak U.S. economic data including higher-than-expected unemployment claims and a 2.6 percent drop in existing home sales pushed the Dow Jones Industrial Average down -66.83 points, -0.51 percent, to end day at 12,965.92. As CNNMoney tells MHProNews.com, the Nasdaq lost even more, -0.79 percent to close at 3007.56, while the S&P also lost, -0.59 percent to close at 1,376.92. The Yahoo! Finance Manufactured Housing Composite fell -0.92 percent percent to close at 1019.5. Housing stocks we track closed mixed. Universal Forest Products, Inc. gained the most of tracked stocks, moving up +8.29% percent, +2.68, to end the trading day at 35.01. Nobility Homes fell the most of stocks we track, falling -6.89 percent, -0.52, to close at 7.03. Affiliated Managers Group 112.01 -0.75 (-0.67%). Cavco 43.90 -0.63 (-1.41%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 119,050 -700.00 (-0.58%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 27.09 -0.19 (-0.70%). Equity Lifestyle Properties 66.46 -0.82 (-1.22%). Louisiana Pacific Corp. 8.16 -0.01 (-0.12%). Patrick Industries 9.10 -0.08 (-0.87%). Skyline Corp. 5.66 -0.36 (-5.98%). Sun Communities 42.06 +0.30 (+0.72%). Third Avenue Value Fund (4-18) 45.24 -0.22 (-0.48%). UMH Properties 11.49 -0.02 (-0.17%).

(Graphic credit: CNNMoney and RealTick)

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