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Universal Insurance Holdings, Inc. (NYSE: UVE)
surged 20.2 percent to $23.45. The volume of Universal Insurance shares traded was 878 percent higher than normal. Universal
Insurance shares have dropped 41.00 percent over the past 52 weeks, while the S&P 500 index has gained 8.26 percent in the
same period.
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HCI Group Inc (NYSE: HCI) shares moved up 14 percent
to $29.00. The volume of HCI Group traded was 673 percent higher than normal. HCI Group shares have declined 38.22 percent over
the past 52 weeks, while the S&P 500 index has increased 8.26 percent in the same period.
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Gap Inc (NYSE: GPS) shares gained 13.8 percent to
$25.92. The volume of Gap shares traded was 634 percent higher than normal. Gap reported a 3 percent decline in its September
same-store sales. Its total sales for the month fell 2 percent.
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CIT Group Inc. (NYSE: CIT) shares rose 2.8 percent
to $37.40. The volume of CIT Group shares traded was 368 percent higher than normal. CIT Group agreed to sell CIT Commercial
Air to Avolon Holdings for $10 billion.
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