Ambac's market value jumps 26% in one day

Time 6/01/2010 01:27:00 AM
Ambac Financial Group, Inc. does not have significant operations. Previously, the company provided financial guarantee insurance and other credit enhancement products in the U.S. public finance market.

Ambac's market value jumps 26% in one day and Annaly pops higher, too.

Guarantees and fees for title insurance leaders have been on for about 2.7%. The head of the group were shares of Ambac Financial Group, 26.3% and the title of the investors 7% on the day.