Nationstar Mortgage (NSM) Stock Is Down Today After Pricing Public Offering

NEW YORK (TheStreet) — Shares of Nationstar Mortgage were falling 9.6% to $28.17 on heavy trading volume Wednesday after the mortgage investment company announced the pricing of 17.5 million shares of common stock in its public offering. Nationstar Mortgage priced the 17.5 million shares of common stock in the public offering for gross proceeds of about $500 million. The underwriters of the …

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Nationstar Mortgage (NSM) Stock Is Down Today After Pricing Public Offering