Lennar Corp. Cl A Stock Underperforms Wednesday When Compared To Competitors
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Shares of Lennar Corp. Cl A (LEN) slid 2.43% to $88.50 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.20% to 3,783.22 and Dow Jones Industrial Average falling 1.10% to 32,875.71. Lennar Corp. Cl A closed $28.23 short of its 52-week high ($116.73), which the company reached on December 31st.
The stock underperformed when compared to some of its competitors Wednesday, as D.R. Horton Inc. (DHI) fell 1.68% to $87.77. Trading volume (1.2 M) remained 1.1 million below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 28, 2022.
(END) Dow Jones Newswires
December 28, 2022 17:07 ET (22:07 GMT)
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