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Why UWM Holdings Corp. (UWMC) Crashed On Monday

Angelica Ballesteros

Tue, Jun 3, 2025, 12:00 AM 1 min read

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We recently published a list of These 10 Stocks Already Sank in June. In this article, we are going to take a look at where UWM Holdings Corp. (NYSE:UWMC) stands against other worst performers on Monday.

UWM Holdings dropped its share prices by 4.88 percent on Monday to finish at $4.09 apiece, as investors repositioned portfolios to mitigate risks amid renewed global trade fears.

For the past four trading days, shares of UWM Holdings Corp. (NYSE:UWMC) saw a rally in its shares following its win against Okavage Group over its “All-In” initiative that prohibits mortgage brokers from working with competitors such as Rocket Mortgage and Fairway Independent Mortgage Corp.

Why UWM Holdings Corp. (UWMC) Crashed On Monday

Why UWM Holdings Corp. (UWMC) Crashed On Monday

A woman examining her finances and a mortgage payment plan on her laptop.

The new Court decision officially ended the two firms’ four-year legal battle.

In the first quarter of the year, UWM Holdings Corp. (NYSE:UWMC) swung to a net loss of $247 million from a net income of $180 million in the same period last year, and $40 million in the fourth quarter of 2024.

Revenues, however, inched up by 4.79 percent to $613 million from $585 million year-on-year.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.


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