Here's Why Walker & Dunlop Stock Soared on Thursday

The stock market was rebounding strongly on Thursday, a welcome change following one of the worst declines since the COVID-19 pandemic started. But commercial real estate finance company Walker & Dunlop (NYSE: WD) was having an especially great day. As of 2:50 p.m. EDT, the real estate financial stock was up by 11.5%, handily outpacing the overall market.

Walker & Dunlop reported its third-quarter earnings on Thursday morning. To put it mildly, investors were pleased with the results.

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Source Fool.com