Lennar Corp. Cl A Stock Rises Wednesday, Outperforms Market
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Shares of Lennar Corp. Cl A (LEN) inched 0.75% higher to $107.90 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.73% to 4,115.24 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
The stock's rise snapped a three-day losing streak.
Lennar Corp. Cl A closed $8.28 short of its 52-week high ($116.18), which the company reached on May 9th.
The stock outperformed some of its competitors Wednesday, as D.R. Horton Inc. (DHI) rose 0.52% to $106.44.
Trading volume (1.9 M) remained 143,134 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 17:07 ET (21:07 GMT)
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