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MTG, RDN, FCH were Top Losers from Financial Sector

MGIC Investment ,Radian Group ,FelCor Lodging Trust Incorporated were the Top Loser stocks from Financial Sector.

 



(EMAILWIRE.COM, October 24, 2009 ) Dallas, TX - MGIC Investment Corp. (NYSE:MTG) corrected 8.88% or $0.50 to close at $5.13 on huge volumes of over 5.16 million shares. The stock made an intraday high of $5.79 and an intraday low of $5.09 respectively. So far the stock prices jumped over 111% in last six months of trade. MGIC Investment Corporation is a holding company and through its wholly owned subsidiary, Mortgage Guaranty Insurance Corporation, provides private mortgage insurance in the United States.

Radian Group Inc. (NYSE:RDN) slipped 8.73% or $0.59 to end the day`s trade at $6.17 on a massive volume of 4.50 million shares. The stock made an intraday high of $6.96 and an intraday low of $6.10 respectively. So far the stock prices jumped over 276% in last six months of trade. Radian Group Inc. is a credit enhancement company. The Company operates in three business segments: mortgage insurance, financial guaranty and financial services. The mortgage insurance business provides credit protection for mortgage lenders and other financial services companies on residential mortgage assets.

FelCor Lodging Trust Incorporated (NYSE:FCH) was one of the most active losers as it declined 8.05% to close at $3.54 with huge volumes. So far the stock prices jumped over 115% in last six months of trade. The stock made an intraday high of $3.98 and an intraday low of $3.40 respectively. FelCor Lodging Trust Incorporated operates as a real estate investment trust. The Company is the sole general partner of, and the owner of a greater than 99% partnership interest in FelCor Lodging Limited Partnership.

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