UWMC stock jumps as Trump mortgage-bond order lifts lenders; what UWM investors watch next week
UWM Holdings shares jumped 13.8% Friday after President Trump ordered $200 billion in mortgage-backed securities purchases. The stock closed at $5.36, up 65 cents, with trading volume near 49.6 million shares. Mortgage lenders and homebuilders also rallied. Markets are closed for the weekend; traders are watching to see if the gains hold on Monday.