Lennar stock rallies and snaps six-day losing streak
Updated
Updated · MarketWatch · Apr 30
Lennar stock rallies and snaps six-day losing streak
6 articles · Updated · MarketWatch · Apr 30
The shares rose 1.79% to $90.30 on Thursday, beating D.R. Horton’s 1.46% gain as the S&P 500 climbed 1.02% and the Dow added 1.62%.
Despite the rebound, Lennar closed 37.39% below its 52-week high of $144.24 reached on 5 September.
Trading volume was 2.1 million shares, about 895,695 below its 50-day average of 3.0 million, indicating lighter-than-usual activity during the advance.
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