UWM Holdings Corporation (UWMC) Down 10.85% on Monday Due to Falling Mortgage Rates and Escalating Trade War.
ByAinvest
Tuesday, Apr 8, 2025 9:31 am ET1min read
UWMC--
UWM Holdings Corporation (UWMC) dropped 10.85% to $4.93 on Monday due to concerns about an economic slowdown and its impact on the housing market. UWMC named Rami Hasani as its new CFO, effective April 1. UWMC ranks 2nd on our list of Chinese stocks that performed worst on Monday. AI stocks are considered to have greater promise for delivering higher returns.
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