Stocks Decline, Manufactured Housing Index Rises

Stocks Decline, Manufactured Housing Index Rises, Wikipedia PhotoStocks closed lower Wednesday following a decline in energy prices, but the Yahoo Finance Manufactured Housing Composite Index ended the day nearly three percent higher.

Individual stocks that logged gains include Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway, up $116.00 (.09 percent) to $122,775; Cavco, up .46 cents (1.01 percent) to $46.21; Equity Lifestyle Properties, up .51 cents (.75 percent) to $68.51; Patrick Industries, up .17 cets (1.45 percent) to $11.88; Skyline Corporation, up .04 cents (.53 percent) to $7.54; Universal Forest Products, up .54 cents (1.57 percent) to $34.95 and UMH Properties, up .38 cents (3.55 percent making it the day’s biggest gainer) to $11.08.

Losing ground Wednesday were Affiliated Managers Group, off .33 cents (.29 percent) to $112.28; Drew Industries, down .12 cents (.44 percent) to $27.28; Louisiana-Pacific, down .23 cents (2.31 percent making it the day’s biggest decliner) to $9.74; Sun Communities, down .10 cents (.23 percent) to $43.16; Third Avenue Value Fund, down .19 cents (.41 percent) to $46.15 and Walker & Dunlop, down .16 cents (1.3 percent) to $12.57.

Not gaining or losing share value Wednesday were Champion, Deer Valley, Nobility and Palm Harbor Homes.

(Image Credit: Wikipedia)

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