Top Losers: MGIC Investment (NYSE:MTG), Radian Group (NYSE:RDN), Digital Ally (NASDAQ:DGLY)
MGIC Investment Corp. (NYSE:MTG) [Trend Analysis] reported that it might issue debt and modify its reinsurance contracts to bolster its capital for the reason that of projected U.S. changes to financial standards for mortgage insurers. MGIC Investment Corp. (NYSE:MTG) reported the loss of -9.52% and closed at $8.36 with the total traded volume of 42.49 million shares. Its market capitalization is $2.83 billion. The company’s shares have fell -9.42% in the last one month and 4.11% in the previous three months, compared to an increase of 1.21% and 8.35% in the S&P 500 during the respective periods.
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Shares of Radian Group Inc (NYSE:RDN) [Trend Analysis] plunged in last trading session on Friday after the property and casual insurance firm reacts negatively to the Federal Housing Finance Agency’s newly proposed standards. In last trading session, shares of Radian Group Inc (NYSE:RDN) fell -5.36%, closing the day at $13.77, after wavering among $13.67 and $14.11 during the trading session. Its net profit margin in lasted declared quarter was 58.56% as compared to -25.95% in previous year in same year. Its beta value stands at 3.60 times.
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Digital Ally, Inc. (NASDAQ:DGLY) [Trend Analysis] dropped in last trading session, as huge gains on Thursday, following receiving a patent for its VuLink connectivity system. The system is shipping now to law enforcement customers, connecting the company’s Digital In-Car Video Systems work with the FirstVU Body Camera. Stocks of Digital Ally, Inc. (NASDAQ:DGLY) fell -14.94% to settled at $6.15 with the total traded volume of 11.82 million shares with the average volume of 237,883.00. Its shares were trading within the range of $6.14- $9.28, while its opening price was $7.79.
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