Ishbia embraces stock turbulence, touts UWM’s industry dominance
TL;DR Summary
Phoenix Suns owner Mat Ishbia told UWM employees he welcomes the stock volatility, arguing the noise proves UWM’s leadership in its industry even as the mortgage lender’s shares sink to around $1.20 after a roughly $600 million loss tied to a failed Two Harbors merger and ongoing related litigation.
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