Dow Gains, MH Stocks Decline

The Manufactured Housing Composite Value moved down modestly Tuesday after two days of gains. Most manufactured housing and related stocks closed lower. The exceptions were Cavco and UMH Properties, which posted modest gains. Walker and Dunlop, a company that helps finance the purchase of manufactured housing communities, posted gains Wednesday, moving slowly back toward its $10.00 share price established at the initial public offering December 15. The stock is currently trading at $9.90 a share. The Dow gained 20 points.

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