Federal National Mortgage Association
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Financials : Thrifts & Mortgage Finance | Small Cap Value
Company profile

Federal National Mortgage Association is engaged in a source of financing for mortgages and is a government-sponsored enterprise chartered by Congress. The Company operates through two segments: Single-Family and Multifamily. The Single-Family segment operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units. The Multifamily segment operates in the secondary mortgage market relating primarily to multifamily mortgage loans, which are secured by properties containing five or more residential units. The Company funds its business primarily through the issuance of short-term and long-term debt securities in the domestic and international capital markets. Its geographical distribution includes California, Florida, Illinois, New Jersey and New York.

This security is a preferred stock
Closing Price
$4.30
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Light)
Volume:
0

10-day average volume:
860
0

Schlumberger Ltd. Stock Underperforms Thursday When Compared To Competitors

5:20 pm ET May 19, 2022 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Schlumberger Ltd. (SLB) sank 0.68% to $40.85 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.58% to 3,900.79 and Dow Jones Industrial Average falling 0.75% to 31,253.13. This was the stock's second consecutive day of losses. Schlumberger Ltd. closed $5.42 below its 52-week high ($46.27), which the company achieved on March 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Baker Hughes Co. (BKR) rose 0.95% to $34.97, Halliburton Co. (HAL) rose 0.17% to $36.06, and NOV Inc. (NOV) fell 2.71% to $17.92. Trading volume (12.1 M) remained 1.8 million below its 50-day average volume of 13.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2022.

	

(END) Dow Jones Newswires

May 19, 2022 17:20 ET (21:20 GMT)

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