Ocwen Stock Down 20% In Five Days … Down 77% In 2016
Ocwen Is Broken
Ocwen Financial Corp. (NYSE:OCN) stock has moved in a downward direction over the past week, yielding losses for investors. Based on the recent close, the shares have dropped -20.90% over the past five trading days. Looking further out, the stock is -77.19% year to date. With increased market volatility, stakeholders will likely be deciding whether or not now is a good time to cut losses or double down on the pullback.