UWM’s First Day On NYSE Ends Slightly Down

Mat Ishbia rang the bell – and UWM Holdings Corporation started trading Friday on the New York Stock Exchange.

Trading under the ticker symbol “UWMC,” it opened at $11.95 and closed at $11.35 – and was trading at $11.25 after hours.

“The energy at the New York Stock Exchange was electric today and marked the beginning of our journey as a public company,” UWM President and CEO Mat Ishbia said. “Today signifies the launch of us growing mortgage brokers and their businesses across America at the highest level while continuing to develop long term value for all our shareholders.”