Why the Market Dipped But PennyMac Financial (PFSI) Gained Today

PennyMac Financial (PFSI) closed the latest trading day at $87, indicating a +0.75% change from the previous session's end. This move outpaced the S&P 500's daily loss of 0.22%. Meanwhile, the Dow experienced a rise of 0.06%, and the technology-dominated Nasdaq saw a decrease of 0.52%.Shares of the mortgage banking and investment management company witnessed a loss of 3.47% over the previous month, beating the performance of the Finance sector with its loss of 6.38% and underperforming the S&P 500's loss of ...