Why Lennar (LEN) Dipped More Than Broader Market Today
LENLennar(LEN) ZACKS·2024-08-21 07:15

Lennar (LEN) closed at $174 in the latest trading session, marking a -0.84% move from the prior day. This move lagged the S&P 500's daily loss of 0.2%. Meanwhile, the Dow experienced a drop of 0.15%, and the technology-dominated Nasdaq saw a decrease of 0.34%.The homebuilder's shares have seen an increase of 1.72% over the last month, not keeping up with the Construction sector's gain of 2.3% and the S&P 500's gain of 1.93%.The investment community will be paying close attention to the earnings performance ...