MBIA (MBI) Soars 15.4%: Is Further Upside Left in the Stock?

MBIA (MBI) shares ended the last trading session 15.4% higher at $7.11. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10.7% loss over the past four weeks.MBI is poised to grow on the insurer’s focus to improve revenues while lower expenses. While  lower losses related to variable interest entities associated with MBIA Insurance Corp. should drive revenues, lower loss and loss adjustment expense should favor expen ...