Ishbia embraces stock turbulence, touts UWM’s industry dominance
TL;DR
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.
- Suns owner Mat Ishbia welcomes noise from UWM stock drop Arizona Sports
- Mortgage Giant’s Slide Puts Phoenix Suns Owner’s Wealth in Focus Bloomberg.com
- How Mat Ishbia Mortgaged UWM To Fund His NBA Dream Hunterbrook
- The hundreds of millions of dollars in annual … HoopsHype
- "His net worth is down by $3 billion" - Brian Windhorst on how Mat Ishbia's struggles could impact Suns Basketball Network
Want the full story? Read the original reporting
Read on Arizona Sports