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Shares of Lennar Corp. Cl A (LEN) slid 1.56% to $112.35 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.72% to 4,061.22 and Dow Jones Industrial Average falling 0.86% to 33,127.74.
The stock's fall snapped a two-day winning streak.
Lennar Corp. Cl A closed $3.55 below its 52-week high ($115.90), which the company achieved on May 3rd.
Despite its losses, the stock outperformed some of its competitors Thursday, as D.R. Horton Inc. (DHI) fell 2.20% to $107.22.
Trading volume (1.5 M) remained 636,383 below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2023.
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May 04, 2023 17:07 ET (21:07 GMT)
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