Volume Spike Investor

MBIA Inc. (NYSE: MBI) is surging in after-hours trading by 16% at almost $8.00 per share on almost 800,000 shares as of 5:29 PM EST.  This is on the heels of a report that the company managed to post a profit for the quarter.  This is strong enough that it also has Ambac Financial Group [...]

Ambac Financial Group, Inc. (NYSE: ABK) is being butchered this morning.  The bond insurer posted a monster loss of some $2.43 billion after items in the Q3 period.  This is trading down 25% at $2.54 on almost 14 million shares after only 14 minutes since the stock market opened.  This stock trades an average of [...]

Ambac Financial Group, Inc. (NYSE: ABK) is trading higher after its Ambac Assurance Corp. has received clearance from the Wisconsin Department of Insurance to reactivate its Connie Lee Insurance Co. unit.  The company now can begin offering financial guaranty coverage of municipal bonds and other products in the state. Ambac also reported a $2.47 billion [...]

We have quite a different outcome for two key mortgage players this morning.  Ambac Financial Group, Inc. (NYSE: ABK) and Freddie Mac (NYSE: FRE) both reported earnings, yet they are as different as night and day. Ambac is seeing a share gain of about 4% right before the open.  The company actually managed to post [...]

Ambac Financial Group, Inc. (NYSE: ABK) is a wonder of a stock with percentage price swings now looking wider than predicting this year’s Super Bowl winner.  At 2:18 PM EST we have seen 44 million shares trade hands and shares are up 11% at $2.36.  This is triple normal trading vol;ume levels, but the low [...]

We have seen a severe downward volume spike in trading in the shares of MBIA Inc. (NYSE: MBI) and AMBAC Financial Group Inc. (NYSE: ABK). Today’s action can be chalked up to a Moody’s “review” that may sweep away the bond insurers’ “Aaa” ratings to levels more similar to “Aa” rated. Ambac Financial Group, Inc. [...]