Two Harbors Investment Stock Jumps 11% On $1.3 Bln All-Stock Merger With UWM

Core Viewpoint - Two Harbors Investment Corp. (TWO) shares experienced a significant increase of 11.25 percent following the announcement of its acquisition by UWM Holdings Corporation in an all-stock deal valued at approximately $1.3 billion [1]. Group 1: Stock Performance - The stock price of Two Harbors rose to $11.02 from a previous close of $9.91 on the New York Stock Exchange [2]. - Shares opened at $10.84 and fluctuated within a range of $10.73 to $11.24 during the trading day [2]. - The trading volume reached about 13.53 million shares, significantly higher than the average volume of approximately 1.59 million shares [2]. Group 2: Market Position - Two Harbors is currently trading near the upper end of its 52-week range, which is between $9.30 and $14.28 [2].