Lennar Corp. Cl A Stock Falls Wednesday, Underperforms Market
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Shares of Lennar Corp. Cl A (LEN) slid 1.68% to $109.15 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.38% to 4,055.99 and Dow Jones Industrial Average falling 0.68% to 33,301.87.
This was the stock's second consecutive day of losses.
Lennar Corp. Cl A closed $4.75 short of its 52-week high ($113.90), which the company reached on April 20th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as D.R. Horton Inc. (DHI) fell 1.98% to $106.07.
Trading volume (1.3 M) remained 964,121 below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 26, 2023.
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April 26, 2023 17:07 ET (21:07 GMT)
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