Lennar Corp. Cl A Stock Rises Thursday, Still Underperforms Market
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Shares of Lennar Corp. Cl A (LEN) inched 0.95% higher to $108.14 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
Lennar Corp. Cl A closed $8.04 short of its 52-week high ($116.18), which the company achieved on May 9th.
The stock underperformed when compared to some of its competitors Thursday, as D.R. Horton Inc. (DHI) rose 1.54% to $108.48.
Trading volume (2.1 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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June 01, 2023 17:07 ET (21:07 GMT)
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