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Here's Why Walker & Dunlop Is Soaring on Thursday

TheMotleyFool

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Here's Why Walker & Dunlop Is Soaring on Thursday

The stock market was modestly higher on Thursday, with all three major indices up by less than 1% as of 1:50 p.m. EST. Commercial real estate finance company Walker & Dunlop (NYSE: WD) was a big standout, with shares climbing by 13%.

The short explanation is that Walker & Dunlop announced fourth-quarter and 2020 full-year earnings results before the market opened today, and investors are clearly impressed.

Image source: Getty Images.

Source Fool.com

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