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PulteGroup Inc. inventory falls Friday, nonetheless outperforms market

Posted on March 18, 2023 by Samy

Revealed: March 17, 2023 at 5:17 p.m. ET

Shares of PulteGroup Inc. PHM slid 0.68% to $55.42 Friday, on what proved to be an all-around grim buying and selling session for the inventory market, with the S&P 500 Index SPX falling 1.10% to three,916.64 and Dow Jones Industrial Common DJIA falling 1.19% to 31,861.98. PulteGroup Inc. closed $5.47 under its 52-week excessive ($60.89), which the corporate achieved on February 2nd.

The inventory demonstrated a blended efficiency when in comparison with a few of its opponents Friday, as Toll Brothers Inc. TOL fell 1.89% to $57.67, D.R. Horton Inc. DHI fell…

Shares of PulteGroup Inc.

PHM

slid 0.68% to $55.42 Friday, on what proved to be an all-around grim buying and selling session for the inventory market, with the S&P 500 Index

SPX

falling 1.10% to three,916.64 and Dow Jones Industrial Common

DJIA

falling 1.19% to 31,861.98. PulteGroup Inc. closed $5.47 under its 52-week excessive ($60.89), which the corporate achieved on February 2nd.

The inventory demonstrated a blended efficiency when in comparison with a few of its opponents Friday, as Toll Brothers Inc.

TOL

fell 1.89% to $57.67, D.R. Horton Inc.

DHI

fell 0.65% to $97.44, and M.D.C. Holdings Inc.

MDC

fell 1.03% to $36.69. Buying and selling quantity (8.7 M) eclipsed its 50-day common quantity of two.6 M.

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