Lennar Corp
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Consumer Discretionary : Household Durables | Mid Cap Value
Company profile

Lennar Corporation is a homebuilder and an originator of residential and commercial mortgage loans. The Company is also a provider of title insurance and closing services, and a developer of multifamily rental properties. The Company's segments include Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily and Lennar other. Its Homebuilding segments primarily include the construction and sale of single-family attached and detached homes, as well as the purchase, development and sale of residential land directly and through its unconsolidated entities. Its Financial Services segment include primarily mortgage financing, title and closing services primarily for buyers of its homes. Its Multifamily segment focuses on developing a diversified portfolio of institutional quality multifamily rental properties in selected United States markets. Its Lennar Other segment primarily includes strategic investments in technology companies.

Closing Price
Day's Change
0.14 (0.16%)
B/A Size
Day's High
Day's Low
(Below Average)

10-day average volume:

Amazon heads for 3rd-straight day with trillion-dollar valuation

1:23 pm ET November 15, 2022 (MarketWatch)

Shares of Amazon.com Inc. gained 0.6% in afternoon trading Tuesday, putting the ecommerce and cloud giant on track to close with a market capitalization above $1 trillion for a third-straight day. The rally comes after reports the company plans to lay off about 10,000 workers. The stock, which currently implies a market cap of $1.010 trillion, has now run up 15.0% since since Nov. 9, when it closed at $86.14, the lowest closing price since March 16, 2020, to give Amazon a market cap of $878.8 million. As long as the stock closes at $98.03 or above, the company will be a part of the trillion-dollar club, which currently includes Apple Inc. with a $2.395 trillion market cap, Microsoft Corp. with a $1.814 trillion market cap and $1.270 trillion-valued Alphabet Inc. . Amazon's stock has still tumbled 30.8% over the past three months while the S&P 500 has shed 7.3%.

-Tomi Kilgore


(END) Dow Jones Newswires

November 15, 2022 13:23 ET (18:23 GMT)

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