Federal Home Loan Mortgage Corp
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Financials : Thrifts & Mortgage Finance | Small Cap Value
Company profile

Federal Home Loan Mortgage Corporation is a government-sponsored enterprise (GSE). The Company is engaged in purchasing residential mortgage loans originated by lenders. The Company also invests in mortgage loans and mortgage-related securities. The Company operates through two segments: Single-Family and Multifamily. The Single-Family segment includes purchase, securitization, and guarantee of single-family loans, its investments in single-family loans and mortgage-related securities, the management of Single-Family mortgage credit risk and market risk, and any results of its treasury function that are not allocated to each segment. The Multifamily segment includes purchase, securitization, and guarantee of multifamily loans, its investments in multifamily loans and mortgage-related securities, and the management of multifamily mortgage credit risk and market risk.

This security is a preferred stock
Closing Price
$1.90
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Heavy Day)
Volume:
32,882

10-day average volume:
6,435
32,882

Nikola stock jumps 3% after narrower-than-expected loss and revenue beat

9:11 am ET November 3, 2022 (MarketWatch)
Print

Shares of Nikola Corp. jumped 3.0% in premarket trading Thursday after the battery electric vehicle (BEV) maker reported a narrower-than-expected third-quarter loss and revenue rose topped expectations. The net loss narrowed to $226.2 million, or 54 cents a share, from a loss of $267.6 million, or 68 cents a share, in the year-ago period. Excluding nonrecurring items, the adjusted per-share loss of 28 cents beat the FactSet loss consensus of 38 cents. Total revenue was $24.2 million, after having no revenue a year ago, and was above the FactSet consensus of $22.7 million. The company produced 75 Nikola Tre BEVs during the quarter and delivered 63 of those to dealers. The stock has plunged 55.9% over the past three months through Wednesday, EV leader Tesla Inc.'s stock has slumped 30.1% and the S&P 500 has declined 9.5%.

-Tomi Kilgore

	

(END) Dow Jones Newswires

November 03, 2022 09:11 ET (13:11 GMT)

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