Uwm Holdings Jumps 36% As Its Inclusion On Ftse Russell List Sparks Social-media Chatter

Reddit logo. hoto Illustration by Omar Marques/SOPA Images/SOPA Images/LightRocket via Getty Images Shares of UWM Holdings Corporation jumped 36% as its inclusion on the FTSE Russell list sparked social-media chatter. The mortgage company will be added to the Russell 1000 and Russell 3000 indices. The addition fueled social media chatter that had already been focused on mortgages following Rocket Companies' 71% surge in the previous session.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.UWM Holdings Corporation jumped as much as 36% to $12.45 on Wednesday after the mortgage lender's inclusion on the FTSE Russell IPO list propelled social media excitement that was already brewing around mortgage stocks following Rocket Companies' massive rally a day earlier.UWM will be added to both the Russell 1000 and Russell 3000, according to a FTSE Russell announcement on Tuesday.

 

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