From Yahoo Finance: 2025-04-03 04:48:00

On Wednesday, UWM Holdings Corp. (UWMC) saw an 8.22% increase in its stock price, closing at $5.79 per share following the appointment of a new CFO, Rami Hasani. Hasani joined the company in 2020 and has taken over the CFO role from Andrew Hubacker, who is now a senior advisor.

Wall Street’s major indices finished in the green on Wednesday, with the Nasdaq up 0.87%, the S&P 500 up 0.67%, and the Dow Jones up 0.56%. Ten individual stocks also saw gains amid positive corporate developments that boosted investor sentiment.

UWMC ranked 7th on the list of top performing stocks on Wednesday. While UWMC shows promise as an investment, some AI stocks may offer higher returns in a shorter time frame. For those interested in AI stocks trading at less than 5 times earnings, a report on the cheapest AI stock is available.

Read more: Why UWM Holdings Corp. (UWMC) Went Up On Wednesday?