Stocks On The Move - February 16
Stocks Rise on Heavy Volumn:
- Fieldstone Investment Corp. (FICC): shares of Columbia, MD based REIT company skyrocketted 91.54% to $4.98 per share after MGIC Investment and Radian Group are buying the company for $260 million or $5.53 per share. The stock was the biggest winner on Nasdaq today with 16.98 million shares traded.
- Domtar Inc. (DTC): shares of Montreal, Canada based paper manufacturer rose 11.39% to $9.19 per share after Weyerhaeuser Co. is selling its fine paper unit to the company. The stock was the second leading gainer on NYSE today with 12.52 million shares traded.
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