Lennar Corp. Cl A Stock Falls Monday, Underperforms Market
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Shares of Lennar Corp. Cl A (LEN) shed 2.72% to $110.50 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 4,192.63 and the Dow Jones Industrial Average falling 0.42% to 33,286.58.
This was the stock's second consecutive day of losses.
Lennar Corp. Cl A closed $5.68 below 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) fell 1.91% to $108.08.
Trading volume (2.0 M) remained 34,815 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 22, 2023.
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May 22, 2023 17:07 ET (21:07 GMT)
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