D.R. Horton Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of D.R. Horton Inc. (DHI) slipped 1.69% to $95.29 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 3,977.53 and the Dow Jones Industrial Average rising 0.60% to 32,432.08. The stock's fall snapped a two-day winning streak. D.R. Horton Inc. closed $8.85 short of its 52-week high ($104.14), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Monday, as Lennar Corp. Cl A (LEN) fell 1.50% to $102.18, Lennar Corp. Cl B (LEN) fell 1.15% to $86.47, and Invitation Homes Inc. (INVH) rose 0.31% to $29.53. Trading volume (2.5 M) remained 586,832 below its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2023.
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March 27, 2023 16:49 ET (20:49 GMT)
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