DJ PulteGroup Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of PulteGroup Inc. $(PHM)$ rallied 1.50% to $110.52 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
The stock's rise snapped an eight-day losing streak.
PulteGroup Inc. closed $38.95 below its 52-week high ($149.47), which the company achieved on October 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Toll Brothers Inc. $(TOL)$ rose 1.33% to $125.45, D.R. Horton Inc. $(DHI)$ rose 1.73% to $139.61, and KB Home (KBH) rose 0.08% to $65.86.
Trading volume (4.5 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 17:11 ET (22:11 GMT)
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