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MBIA Inc. (MBI) Has Risen To A New High After Q2 Loss

MBIA Inc. (MBI) reported a second quarter adjusted loss of $0.58 after the close Wednesday. The consensus estimate was for a loss of $0.34.

MBIA gapped open sharply higher Thursday morning and is now up 0.93 at $11.41. The stock has jumped to a new high for the year.

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