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Mortgage Stocks: Public Offering of Ellington Financial LLC (NYSE:EFC) And Other Movers
Ellington Financial LLC (NYSE:EFC) reported that it has priced an underwritten public offering of 5M common shares on behalf of limited liability firm interests for total anticipated gross proceeds of around $131.5M. The firm has decided the underwriters an option for 30 days to buy about an extra 750,000 common shares. The contribution is subject…
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New High Range Stocks: Wells Fargo & Co (NYSE:WFC) Remain on Rank #3
Wells Fargo & Co (NYSE:WFC), a bank holding company’s stocks recently reached a new 52-week high range as hitting to $38.67. While the closing price of this famous asset manager reveals a solid year-to-date return of 11.4%. In last trading session shares floated near high range with volume for the session were 27.76 million shares.…