Ellie Mae closed down 3.94%. Since it announced its results on Oct. 31 after the market closed, the companys stock has lost $5.27 per share.
Radian, which will release its third-quarter results on Thursday, lost 2.55%. Competitor MGIC Investment Corp. ended the day down 2.52%.
On a day which the Dow Jones Industrial Average gained 128 points, nine of the 17 MIEC stocks closed lower.
A trio of banks led the MIEC gainers. Bank of Hawaii was up 1.48%, Astoria Financial was up 1.38%, and Hudson City Bancorp was up 1.01%.