Shaw Capital Working Management Tips: Walter Investment Management Corp.
(WAC)
Posts Large Volume Increase, Hits 0$18.
53
http://www.
americanbankingnews.
com
February 22nd, 2011
by ABMN Staff
Shares of Walter Investment Management Corp.
(WAC) saw...
More
Shaw Capital Working Management Tips: Walter Investment Management Corp.
(WAC)
Posts Large Volume Increase, Hits 0$18.
53
http://www.
americanbankingnews.
com
February 22nd, 2011
by ABMN Staff
Shares of Walter Investment Management Corp.
(WAC) saw unusually high trading volume on
Tuesday.
Approximately 231,085 shares changed hands during mid-day trading, an increase of
91.
30% from the previous session.
The stock last traded at $18.
53.
On a related note, analysts at Zacks Investment Research upgraded shares of Walter Investment
Management Corp.
from an “underperform” rating to a “neutral” rating in a research note to
investors on Tuesday, February 1st.
Walter Investment Management Corp.
(Walter Investment) together with its subsidiaries, is a
mortgage servicer and mortgage portfolio owner.
The Company is engaged in providing
subprime, non-conforming and other residential loans in the southeastern United States.
At
December 31, 2009, it had four wholly owned subsidiaries Hano
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