Angelica Ballesteros
Tue, Jun 3, 2025, 12:00 AM 1 min read
In This Article:
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.
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.
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Disclosure: None. This article is originally published at Insider Monkey.
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