Option Activity Alert: WAC, XLE, HIG, LLNW
March 28, 2011 at 13:36 PM EDT
WAC – Walter Investment Management Corp. – Shares in the mortgage servicer and investor dropped 12.9% today to touch down at an intraday low of $16.80 on news the company is buying Green Tree for $1.065 billion including debt. Walter Investment Management Corp. will no longer qualify as a real estate investment trust after the [...]