DJ PulteGroup Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of PulteGroup Inc. $(PHM)$ rallied 1.13% to $110.38 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.72% to 6,037.88 and the Dow Jones Industrial Average rising 0.30% to 44,556.04.
The stock's rise snapped a two-day losing streak.
PulteGroup Inc. closed 26.15% short of its 52-week high of $149.47, which the company reached on October 21st.
The stock underperformed when compared to some of its competitors Tuesday, as Toll Brothers Inc. $(TOL)$ rose 1.83% to $133.87, D.R. Horton Inc. $(DHI)$ rose 1.67% to $139.76, and KB Home (KBH) rose 1.65% to $66.50.
Trading volume (2.6 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 4, 2025.
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February 04, 2025 17:06 ET (22:06 GMT)
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