Lennar Corp. Cl A Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Lennar Corp. Cl A (LEN) rallied 1.64% to $91.98 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.40% to 3,824.14 and Dow Jones Industrial Average falling 0.03% to 33,136.37. Lennar Corp. Cl A closed $23.52 short of its 52-week high ($115.50), which the company reached on January 5th.
The stock underperformed when compared to some of its competitors Tuesday, as D.R. Horton Inc. (DHI) rose 1.73% to $90.68. Trading volume (2.4 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2023.
(END) Dow Jones Newswires
January 03, 2023 17:06 ET (22:06 GMT)
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