publishers of a newsletter with stocks that move 50% to 100% in a few days, presents Top Percentage Gainers at NYSE Financial Sector from PSL are DRL, RDN, PMI, FIG and MTG.
Doral Financial Corp. (NYSE: DRL) jumped 18.95%, closing the day at $1.82 with the overall traded volume of 2.25 million shares for the day. Its market capitalization is $195.86 million. Doral Financial Corporation, through its subsidiaries, provides a range of banking and financial services primarily in Puerto Rico and New York. It accepts deposits from the general public and institutions; obtains borrowings; originates and invests in loans, primarily residential real estate mortgage loans; invests in mortgage-backed securities, as well as in other investment securities; and offers traditional banking services.
Radian Group Inc. (NYSE: RDN) gained 8.51%, closing the day at $9.95 with the overall traded volume of 8.11 million shares for the day. Its market capitalization is $825.71 million. Radian Group Inc., through its subsidiaries, provides credit-related insurance coverage and financial services in the United States and internationally. The company operates in three segments: Mortgage Insurance, Financial Guaranty, and Financial Services. The Mortgage Insurance segment offers credit protection for mortgage lenders and other financial services companies on residential mortgage assets.
The PMI Group, Inc. (NYSE: PMI) surged 6.80%, closing the day at $3.61 with the overall traded volume of 7.26 million shares for the day. Its market capitalization is $581.81 million. The PMI Group, Inc., through its subsidiaries, provides residential mortgage insurance products that offer loss protection to mortgage lenders and investors in the event of borrower default in the United States. The company offers mortgage insurance products to meet the capital and credit risk mitigation needs of its customers.
Fortress Investment Group LLC (NYSE: FIG) increased 6.34%, closing the day at $5.03 with the overall traded volume of 3.31 million shares for the day. Its market capitalization is $830.13 million. Fortress Investment Group LLC is a publicly owned investment manager. The firm provides its services to pension funds, endowments and foundations, financial institutions, funds of funds and high net worth individuals. It manages hedge funds and publicly traded alternative investment vehicles. The firm invests in the private equity, public equity, fixed income, and alternative investment markets of the United States and across the globe.
MGIC Investment Corp. (NYSE: MTG) reported a gain of 4.88%, closing the day at $9.67 with the overall traded volume of 5.32 million shares for the day. Its market capitalization is $1.94 billion. MGIC Investment Corporation, through its subsidiary, Mortgage Guaranty Insurance Corporation, provides private mortgage insurance to the home mortgage lending industry in the United States. It provides primary insurance coverage that provides mortgage default protection on individual loans and covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure.
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