Novastar Financial Inc.
Shares declined $2.51, or 54 percent, to $2.08. The possibility of bankruptcy grew as the Kansas City, Mo., company said it lost $598 million in its third quarter on losses on mortgage loans.
Novastar Financial Inc.
Shares declined $2.51, or 54 percent, to $2.08. The possibility of bankruptcy grew as the Kansas City, Mo., company said it lost $598 million in its third quarter on losses on mortgage loans.