Lennar Corp. Cl A Stock Falls Friday, Underperforms Market
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Shares of Lennar Corp. Cl A (LEN) shed 1.91% to $113.59 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,191.98 and Dow Jones Industrial Average falling 0.33% to 33,426.63.
The stock's fall snapped a four-day winning streak.
Lennar Corp. Cl A closed $2.59 short of its 52-week high ($116.18), which the company achieved on May 9th.
Despite its losses, the stock outperformed some of its competitors Friday, as D.R. Horton Inc. (DHI) fell 2.04% to $110.19.
Trading volume (1.8 M) remained 243,645 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2023.
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May 19, 2023 17:06 ET (21:06 GMT)
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