Homebuilders Give Up Gains as Market Heads South
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Stocks To Watch
Some homebuilders got a brief lift from Lennar’s (LEN) earnings this morning. But that momentum is gone, and the stocks are dropping with the rest of the market. Lennar outpaced the Street, posting 40 cents of EPS against expectations for 28 cents. Orders jumped 44%, ahead of consensus expectations for 34% growth. The CEO’s commentary [...]
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