Stocks closed modestly lower Friday with most manufactured housing and related stocks following suite. The Yahoo Finance Manufactured Housing Composite Index also closed down– by more than three percent.
Individual stocks closing lower include Allied Managers Group, down .36 cents (.33 percent) to $107.63; Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway lost $926.00 (.78 percent) to $117,434; Cavco lost $1.62 (3.66 percent) to $42.60; Drew Industries lost .87 cents (3.19 percent) to $26.42; Equity Lifestyle Properties lost .65 cents (.96 percent) to $66.75; Louisiana-Pacific Corporation lost .06 cents (.74 percent) to $8.00; Skyline Corporation lost .45 cents (5.91 percent, making it the day’s biggest decliner); Sun Communities lost .11 cents (.26 percent) to $41.40; Third Avenue Value Fund lost .36 cents (.76 percent) to $47.28; Universal Forest products lost $1.33 (4.18 percent) to $30.50; UMH Properties lost .24 cents (2.38 percent) to $9.68 and Walker and Dunlop lost .54 cents (4.51 percent) to $11.43.
Ending Friday with a net gain were Nobility Homes, adding .35 cents (4.75 percent) and Patrick Industries, up .23 cents (3.72 percent) to $6.42.
Champion, Deer Valley, Liberty Homes and Palm Harbor Homes didn’t gain or lose share value Friday.
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