Lennar Corp. Cl A Stock Falls Friday, Underperforms Market

Cuentas Equity Warrant *W EXP 02/04/2026

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Communication Services : Diversified Telecommunication Services | Small Cap Value

Company profile

Cuentas, Inc. is focused on the business of using fintech technology. The Company provides mobile and e-commerce services for delivering financial, prepaid debit and digital content services to the unbanked, underbanked and underserved Latino, Hispanic, and immigrant communities. The platform includes a Mobile Wallet (Wallet) and a Digital Store (the Cuentas Digital Store) and is linked with a Prepaid Mastercard which can be used for automated teller machine (ATM) withdrawals, online purchases, and in-person purchases. The Company operates in two segments: telecommunications, and General-Purpose Reloadable Cards (GPR). Its e-commerce distribution and mobile payments ecosystem will allow consumers to purchase the Cuentass line of digital products and services through a nationwide network of retailers that specifically serve the Company's target market. Its Prepaid GPR Card allows each account holder to have a personalized Cuentas Mastercard and an associated Cuentas Account.

Lennar Corp. Cl A Stock Falls Friday, Underperforms Market

5:07 pm ET May 26, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Lennar Corp. Cl A (LEN) slid 1.02% to $107.45 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,205.45 and the Dow Jones Industrial Average rising 1.00% to 33,093.34.

The stock's fall snapped a two-day winning streak.

Lennar Corp. Cl A closed $8.73 below its 52-week high ($116.18), which the company achieved on May 9th.

The stock underperformed when compared to some of its competitors Friday, as D.R. Horton Inc. (DHI) fell 0.08% to $106.71.

Trading volume (2.1 M) eclipsed its 50-day average volume of 1.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 26, 2023 17:07 ET (21:07 GMT)