MBIA Shares Soar 13.4% (MBI)

Shares of MBIA Inc. MBI are trading up 13.4% at $11.75 per share during the Thursday afternoon trading session. The day's trading range for shares of MBIA Inc has been between $10.38 and $11.91 per share. Analysts covering MBIA Inc. (MBI) stock give it a consensus price target of $12.00 per share. Trading volume for MBIA Inc has been heavy, with 13.6 million shares having been traded today, nearly triple the daily average volume of 4.9 million shares. MBIA Inc, headquartered in Armonk, New York is a holding company whose subsidiaries provide financial guarantee insurance, fixed-income asset management, and other specialized financial services. The company services its clients around the globe, with offices in New York, Denver, San Francisco, Paris, London, Madrid and Mexico City. Read more from Benzinga's Company news.