DJ PulteGroup Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of PulteGroup Inc. $(PHM)$ shed 1.04% to $115.81 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.88% to 6,049.24 and the Dow Jones Industrial Average rising 1.24% to 44,025.81.
The stock's fall snapped a five-day winning streak.
PulteGroup Inc. closed 22.52% short of its 52-week high of $149.47, which the company achieved on October 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Toll Brothers Inc. $(TOL)$ rose 0.33% to $135.61, D.R. Horton Inc. $(DHI)$ fell 2.68% to $143.70, and KB Home (KBH) fell 1.27% to $67.03.
Trading volume (2.7 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 21, 2025.
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(END) Dow Jones Newswires
January 21, 2025 17:04 ET (22:04 GMT)
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