Homebuilder Stocks Turn lower after sales data (DHI, LEN, KBH, PHM, BZH)
Homebuilder Stocks Turn lower after sales data
(EMAILWIRE.COM, March 04, 2010 ) Dallas, Tx - Most of the Homebuilder Stocks turns lower after opening higher. Today, The National Association of Realtors' pending home sales index fell a seasonally adjusted 7.6% for the first month of 2010, a reversal from a revised 0.8% gain in December. The index remained 8.8% higher than in January 2009.
D.R. Horton, Inc. (NYSE:DHI) fell 0.32% to $12.53 after opening 1% higher.
Lennar Corporation (NYSE:LEN) declined 2% to $16.45. The stock opened 1% up.
KB Home (NYSE:KBH) fell 0.20% to $16.84, off day’s high of $17.09.
Pulte Homes, Inc. (NYSE:PHM) also fell 0.73% to $10.85 after rising as much as 1.50% earlier in the session.
Beazer Homes USA, Inc. (NYSE:BZH) slid 0.36% to $4.20 after opening 2% high.
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D.R. Horton, Inc. (NYSE:DHI) fell 0.32% to $12.53 after opening 1% higher.
Lennar Corporation (NYSE:LEN) declined 2% to $16.45. The stock opened 1% up.
KB Home (NYSE:KBH) fell 0.20% to $16.84, off day’s high of $17.09.
Pulte Homes, Inc. (NYSE:PHM) also fell 0.73% to $10.85 after rising as much as 1.50% earlier in the session.
Beazer Homes USA, Inc. (NYSE:BZH) slid 0.36% to $4.20 after opening 2% high.
ABOUT http://www.SuperNovaStockPicks.com
Super Nova Stock Picks is an independent electronic publication providing stock news alerts on top stocks in various sectors. You can take advantage of the information provided on various stocks to make big gains in the stock market. We track various sectors like financial stocks, Homebuilder Stocks, hot Penny Stocks , NASDAQ and NYSE stocks and more. So far thousands have benefited by our daily stock alerts which keeps investors updated on the latest development in the stock market.
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Jim
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SuperNova
Jim
Tel: 214-556-6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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