Lennar Corp. Cl A Stock Falls Monday, Underperforms Market
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Shares of Lennar Corp. Cl A (LEN) dropped 0.37% to $112.39 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.04% to 4,167.87 and Dow Jones Industrial Average falling 0.14% to 34,051.70.
The stock's fall snapped a two-day winning streak.
Lennar Corp. Cl A closed $1.51 below its 52-week high ($113.90), which the company achieved on April 20th.
Despite its losses, the stock outperformed some of its competitors Monday, as D.R. Horton Inc. (DHI) fell 1.27% to $108.42.
Trading volume (1.6 M) remained 584,936 below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2023.
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May 01, 2023 17:06 ET (21:06 GMT)
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