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Shares of Lennar Corp. Cl A (LEN) slipped 3.08% to $107.10 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.12% to 4,145.58 and Dow Jones Industrial Average falling 0.69% to 33,055.51.
This was the stock's third consecutive day of losses.
Lennar Corp. Cl A closed $9.08 short of its 52-week high ($116.18), which the company reached on May 9th.
The stock underperformed when compared to some of its competitors Tuesday, as D.R. Horton Inc. (DHI) fell 2.03% to $105.89.
Trading volume (2.6 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2023.
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May 23, 2023 17:07 ET (21:07 GMT)
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