The March presentation may be the catalyst. - Key items 45.8% market share the big boy of the bidness, 4.888 billion in investments and 2.555 billion in reserve claims Dwarfs the rest of the title boys. Great EBIDTA.
or is it the sizable return on three of the distressed business that have returned phenomenal returns in past 17 days ( some speculate CRE, ESPH-OTC and the other one)
Stock buybacks are in place for 12 million but I guess they use the treasury stocks to keep stock value in the 13.85 -14.50 range. That explains the 13.94 resistance.
Cash payout maybe
Or is it just that the market woke up to FNF is undervaled compared to STU, MTG, ORI, FAF et al.