DJ PulteGroup Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of PulteGroup Inc. $(PHM)$ slid 2.16% to $108.89 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
This was the stock's eighth consecutive day of losses.
PulteGroup Inc. closed $40.58 below its 52-week high ($149.47), which the company reached on October 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Toll Brothers Inc. $(TOL)$ fell 1.53% to $123.80, D.R. Horton Inc. $(DHI)$ fell 3.20% to $137.24, and KB Home (KBH) fell 2.16% to $65.81.
Trading volume (3.8 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 17:10 ET (22:10 GMT)
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