MH Index Closes Higher, Stocks Mixed

Fletcher6 via Wikipedia Stocks were mixed during hump day trading with the Dow losing 13 points and the Nasdaq gaining eight. The Yahoo Finance Manufactured Housing Composite bested both, marking a 1.5 percent advance in value. Advancers include Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway, gaining 1,014 (.87 percent). Cavco gained .57 (1.42 percent) to close at $40.76. Patrick Industries added .29 cents (6.52 percent, making it the days biggest percentage basis gainer) to close at $4.90. Skyline Corp. added .19 (3.89 percent) to close at $5.07. Sun Communities added .24 cents (.66 percent) to close at $36.40. Third Avenue Value Fund added .65 cents (1.6 percent) to close at $41.31. Universal Forest Products added .82 cents (2.53 percent) to arrive at $33.22 a share. Walker Dunlop added .38 cents (3.17 percent) to close at $12.38.

Sliding on Wednesday were Allied Management Group, down $1.44 (1.41 percent-Wednesday’s biggest decliner) to $101.04; Drew Industries, down .19 cents (.76 percent) to $24.93 and Equity Lifestyle Properties, down .14 (.21 percent) to $67.06.

Champion, Deer Valley, Liberty, Nobility, UMH Properties and Palm Harbor Homes did not lose or gain share value Wednesday.

(Image Credit: Wikipedia)

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