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Updated · MarketWatch · May 6Taylor Wimpey shares rally 4.25% and outperform market
10 articles · Updated · MarketWatch · May 6
- The stock closed at 82.44p on Wednesday as the FTSE 100 rose 2.15% to 10,438.66 in a broadly positive UK trading session.
- Taylor Wimpey ended the day 34.43% below its 52-week high of £1.26, reached on May 8.
- Trading volume was 34.1 million shares, above the 50-day average of 31.5 million, indicating stronger-than-usual investor activity.
The housing market is stalling, so why do analysts believe Taylor Wimpey's stock could jump over 30%? With payouts triple its cash flow, is Taylor Wimpey sacrificing its future for today's shareholders? Can the UK solve its housing crisis when its largest homebuilders are battling for survival?