Financial stocks were mixed in afternoon trading, including a more than 0.2% gain for the NYSE Financial Index while shares of financial companies in the S&P 500 were falling just over 0.3%. The Philadelphia Housing Index was rising nearly 0.7%.
Among financial stocks moving on news:
(+) Gladstone Land Corp (LAND) was sinking almost 6% after it priced 2 million shares of stock at $11.73 each, a 4.8% discount from their Wednesday closing price.
In other sector news:
(+) Net Element (NETE) raced 10% higher after the financial software firm Thursday announced the July 1 launch of its Aptito cryptocurrency payment acceptance platform for merchants.
(+) Two Harbors Investment Corp (TWO) was narrowly higher in recent trade, reversing a small mid-morning decline. The real estate investment trust late Wednesday set a Q2 dividend of $0.40 per common share, down 14.9% from its $0.47 per share distribution from the previous quarter.
Price: 11.59, Change: -0.73, Percent Change: -5.93
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