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Gafisa SA (GFA-OLD +4.3%) gains today on a likely spate of short-covering, rising for the first...

Mar. 18, 2013 3:42 PM ETGafisa S.A. (GFASY) StockGFASYBy: David Yelle, SA News Editor
Gafisa SA (GFA-OLD +4.3%) gains today on a likely spate of short-covering, rising for the first time since March 11, the day before the Brazilian homebuilder reported a Q4 net loss that lagged analyst forecasts. The shares are off nearly 14% since the earnings announcement.

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