Freddie Mac (OTC:FMCC – Get Free Report)’s share price dropped 5.6% during mid-day trading on Monday . The company traded as low as $5.14 and last traded at $5.42. Approximately 3,348,024 shares changed hands during trading, a decline of 47% from the average daily volume of 6,287,735 shares. The stock had previously closed at $5.74.
Freddie Mac Stock Down 5.6 %
The company’s fifty day moving average is $5.59.
About Freddie Mac
Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The company purchases single-family and multifamily residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates through two segments, Single-family and Multifamily.
Recommended Stories
- Five stocks we like better than Freddie Mac
- What is a Dividend King?
- 3 Buyable Stocks With Solid Bottoms Ready to Rebound
- 5 discounted opportunities for dividend growth investors
- Advantage+ Shopping: Meta’s Fast Growing $20 Billion AI-Ads Star
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Robotaxi News: What Tesla and Lyft Headlines Mean for Shares
Receive News & Ratings for Freddie Mac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Freddie Mac and related companies with MarketBeat.com's FREE daily email newsletter.
