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Ebix Inc. (NASDAQ: EBIX) shares plunged 44.22 percent to close at $11.00 a share Thursday. The stock traded between $9.85 and $12.45 on volume of 20.39 million shares traded. The company’s merger with an affiliate of Goldman Sachs Group was canceled due to a federal investigation into allegations of misconduct at Ebix. Shares of Ebix have fallen approximately 31.8 percent year-to-date.
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GameStop Corp. (NYSE: GME) shares spiked 6.25 percent to close at $40.94 a share Thursday. The stock traded between $39.61 and $41.37 on volume of 8.61 million shares traded. The company received a boost from Microsoft’s decision to reverse its stance on used games for its next generation Xbox One console. Shares of GameStop have gained approximately 63.2 percent year-to-date.
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IHS Inc. (NYSE: IHS) shares declined 7.03 percent to close at $100.22 a share Wednesday. The stock traded between $99.96 and $104.66 on volume of 100.22 million shares traded. The company reported a net income of $42.9 million, or $0.65 per share for the second quarter of 2013, compared to a net income of $44.0 million, or $0.66 per share, a year ago. Shares of IHS have gained approximately 4.4 percent year-to-date.
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M/I Homes Inc. (NYSE: MHO) shares declined 7.68 percent to close at $23.08 a share Thursday. The stock traded between $22.84 and $24.56 on volume of 23.08 million shares traded. Homebuilders across the board fell Thursday on concerns that the curbing of stimulus measures by the Federal Reserve would cause sharp increase in mortgage rates. Shares of M/I Homes have fallen approximately 12.9 percent year-to-date.
Get more information on M/I Homes and free access to the in-depth equity report at: www.FiveStarEquities.com/MHO
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