Cavco Driving the Stock Market

Benzinga says about an hour after the stock market opened June 7, the Dow Jones Industrial Average was up .32 percent, and one of the forces driving the uptick was manufactured housing, Cavco Industries, Inc. (NASDAQ:CVCO) in particular.  Cavco had gained 2.4 percent by 10:05 A.M.  The company’s trailing-twelve-month revenue is $171.83 million.  Cavco finished the day gaining 2.89 percent.

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