Lennar Corp. Cl A Stock Falls Tuesday, Still Outperforms Market
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Shares of Lennar Corp. Cl A (LEN) sank 0.29% to $114.36 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.46% to 4,119.17 and Dow Jones Industrial Average falling 0.17% to 33,561.81.
The stock's fall snapped a two-day winning streak.
Lennar Corp. Cl A closed $1.54 short of its 52-week high ($115.90), which the company achieved on May 3rd.
The stock underperformed when compared to some of its competitors Tuesday, as D.R. Horton Inc. (DHI) rose 0.45% to $108.99.
Trading volume (1.7 M) remained 461,842 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2023.
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May 09, 2023 17:07 ET (21:07 GMT)
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