Lennar stock sheds 3.09% and underperforms competitors

11 articles · Updated · MarketWatch · May 7

The shares closed at $87.74 on Thursday as the S&P 500 fell 0.38% to 7,337.11 and the Dow dropped 0.63% to 49,596.97.
The decline ended a two-day winning streak and left Lennar 39.17% below its 52-week high of $144.24 reached on 5 September.
Lennar lagged rival D.R. Horton, whose shares fell 1.85% to $145.97, while trading volume of 2.4 million was 672,876 below its 50-day average.

With earnings down 56%, is Lennar's volume-over-price strategy a winning plan or a desperate move?

As a top homebuilder's stock tumbles, what does this signal about the future of housing affordability?

Is Lennar's 'land-light' strategy hiding financial risks that could trigger a wider market shock?