Flagstar (FLG) Sheds 4% on Profit-Taking

We recently published 10 Losing Stocks in an Otherwise Optimistic Market. Flagstar Bank NA (NYSE:FLG) was one of the worst performers on Wednesday. Flagstar dropped its share prices by 4.26 percent on Wednesday to close at $13.50 apiece as investors booked early profits following an intra-day rally. During the session, the stock opened at $14.20 and hit a day high of $14.29, or just 1.8-percent shy of its 52-week high of $14.54. In other news, Flagstar Bank NA (NYSE:FLG) is set to pay $0.01 worth of div ...