Mohawk Industries stock jumps again as housing-rate bets return after Trump mortgage-bond plan
Mohawk Industries shares climbed about 3% to $117.70 in late morning Friday trading after a 6.9% surge Thursday, topping the 200-day moving average. Wolfe Research downgraded the stock to “Peer Perform,” citing weak prospects for a renovation rebound in early 2026. Traders are watching interest rates and the $114 price level. U.S. job growth slowed in December, with unemployment at 4.4%.
