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Shares of Lennar Corp. Cl A (LEN) inched 0.59% higher to $114.59 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,158.77 and the Dow Jones Industrial Average rising 1.24% to 33,420.77.
This was the stock's third consecutive day of gains.
Lennar Corp. Cl A closed $1.59 short of its 52-week high ($116.18), which the company achieved on May 9th.
The stock outperformed some of its competitors Wednesday, as D.R. Horton Inc. (DHI) rose 0.44% to $112.29.
Trading volume (1.7 M) remained 363,229 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2023.
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May 17, 2023 17:07 ET (21:07 GMT)
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