Lennar Corp. Cl A Stock Falls Monday, Underperforms Market
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Shares of Lennar Corp. Cl A (LEN) slipped 0.39% to $95.29 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.08% to 3,892.09 and Dow Jones Industrial Average falling 0.34% to 33,517.65. The stock's fall snapped a four-day winning streak. Lennar Corp. Cl A closed $17.21 below its 52-week high ($112.50), which the company reached on January 13th.
Despite its losses, the stock outperformed some of its competitors Monday, as D.R. Horton Inc. (DHI) fell 0.87% to $92.77. Trading volume (2.7 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 9, 2023.
(END) Dow Jones Newswires
January 09, 2023 17:06 ET (22:06 GMT)
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