Stock Market Analysis Today – PulteGroup Inc. stock outperforms market despite losses on the day
Shares of PulteGroup Inc.
PHM,
slipped 1.11% to $43.78 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
falling 1.34% to 3,768.47 and Dow Jones Industrial Average
DJIA,
falling 1.11% to 30,924.14. This was the stock’s second consecutive day of losses. PulteGroup Inc. closed $6.45 short of its 52-week high ($50.23), which the company reached on January 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as D.R. Horton Inc.
DHI,
fell 1.62% to $74.81, Lennar Corp. Cl B
LEN.B,
fell 0.36% to $64.30, and Toll Brothers Inc.
TOL,
fell 1.62% to $51.78. Trading volume (3.9 M) eclipsed its 50-day average volume of 2.9 M.
Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.
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Stock Market Analysis Today – PulteGroup Inc. stock outperforms market despite losses on the day
