Lennar Corp. Cl A Stock Rises Friday, Still Underperforms Market
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Shares of Lennar Corp. Cl A (LEN) rallied 2.00% to $95.66 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.28% to 3,895.08 and the Dow Jones Industrial Average rising 2.13% to 33,630.61. This was the stock's fourth consecutive day of gains. Lennar Corp. Cl A closed $16.84 short of its 52-week high ($112.50), which the company reached on January 13th.
The stock outperformed some of its competitors Friday, as D.R. Horton Inc. (DHI) rose 1.38% to $93.58. Trading volume (1.9 M) remained 388,169 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2023.
(END) Dow Jones Newswires
January 06, 2023 17:07 ET (22:07 GMT)
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