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Shares of Lennar Corp. Cl A (LEN) inched 0.96% higher to $114.13 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.70% to 4,090.75 and Dow Jones Industrial Average falling 0.80% to 33,414.24.
This was the stock's second consecutive day of gains.
Lennar Corp. Cl A hit a new 52-week high, surpassing its previous peak of $113.90, which the company reached on April 20th.
The stock underperformed when compared to some of its competitors Wednesday, as D.R. Horton Inc. (DHI) rose 0.97% to $109.63.
Trading volume (2.0 M) remained 177,110 below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 3, 2023.
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May 03, 2023 17:07 ET (21:07 GMT)
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