DJ PulteGroup Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of PulteGroup Inc. $(PHM)$ slipped 1.08% to $127.48 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,985.38 and the Dow Jones Industrial Average rising 0.11% to 43,958.19.
This was the stock's second consecutive day of losses.
PulteGroup Inc. closed $21.99 short of its 52-week high ($149.47), which the company reached on October 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Toll Brothers Inc. $(TOL)$ fell 0.11% to $151.66, D.R. Horton Inc. $(DHI)$ fell 0.43% to $161.13, and KB Home (KBH) fell 0.96% to $78.41.
Trading volume (1.8 M) remained 2,647 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 17:05 ET (22:05 GMT)
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