Lennar Corp. Cl A Stock Outperforms Market On Strong Trading Day
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Shares of Lennar Corp. Cl A (LEN) advanced 2.08% to $98.58 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.28% to 3,969.61 and the Dow Jones Industrial Average rising 0.80% to 33,973.01. This was the stock's second consecutive day of gains. Lennar Corp. Cl A closed $13.92 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 Wednesday, as D.R. Horton Inc. (DHI) rose 2.18% to $95.62. Trading volume (2.2 M) remained 70,411 below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2023.
(END) Dow Jones Newswires
January 11, 2023 17:07 ET (22:07 GMT)
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