Lennar Corp. Cl A Stock Rises Monday, Still Underperforms Market
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Shares of Lennar Corp. Cl A (LEN) inched 0.06% higher to $113.30 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.30% to 4,136.28 and the Dow Jones Industrial Average rising 0.14% to 33,348.60.
The stock's rise snapped a four-day losing streak.
Lennar Corp. Cl A closed $2.88 short of its 52-week high ($116.18), which the company achieved on May 9th.
The stock underperformed when compared to some of its competitors Monday, as D.R. Horton Inc. (DHI) rose 1.11% to $109.80.
Trading volume (1.6 M) remained 439,476 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2023.
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May 15, 2023 17:07 ET (21:07 GMT)
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