Lennar Corp. Cl A Stock Falls Friday, Underperforms Market
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Shares of Lennar Corp. Cl A (LEN) slid 3.03% to $104.81 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.04% to 4,136.48 and Dow Jones Industrial Average falling 0.38% to 33,926.01. The stock's fall snapped a three-day winning streak. Lennar Corp. Cl A closed $4.47 below its 52-week high ($109.28), which the company achieved on February 2nd.
Despite its losses, the stock outperformed some of its competitors Friday, as D.R. Horton Inc. (DHI) fell 3.37% to $99.47. Trading volume (2.1 M) remained 112,285 below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 3, 2023.
(END) Dow Jones Newswires
February 03, 2023 17:07 ET (22:07 GMT)
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