Lennar Corp. Cl A Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Lennar Corp. Cl A (LEN) inched 0.18% higher to $93.78 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.16% to 3,808.10 and Dow Jones Industrial Average falling 1.02% to 32,930.08. This was the stock's third consecutive day of gains. Lennar Corp. Cl A closed $18.72 short of its 52-week high ($112.50), which the company achieved on January 13th.
The stock underperformed when compared to some of its competitors Thursday, as D.R. Horton Inc. (DHI) rose 0.73% to $92.31. Trading volume (2.1 M) remained 215,539 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2023.
(END) Dow Jones Newswires
January 05, 2023 17:06 ET (22:06 GMT)
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