Lennar (LEN) Drops Ahead of Earnings: Will Home Sales Lift Stock?
Shares of Lennar Corporation (LEN) fell about 0.85% during regular trading hours Thursday, adding to a cold streak which has seen the stock shed nearly 10% over the past month.
This suggest investors are showing some skepticism ahead of the homebuilder’s earnings report announcement, which is due before the market opens tomorrow.
Lennar became the largest homebuilder in the United States when it acquired CalAtlantic Homes last year.
The company builds homes in 21 states, reaching 49 individual markets around the country.
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Stocks to Trade | Wednesday Edition 10-3-18
Bullish Cash Flow Trades: PCG, CCK, DE
Bearish Cash Flow Trades: SFIX, TNDM, HUYA, WB, FL, MOMO, TWLO, ETSY, BBY, KSS, NTNX, JWN, KORS, DKS, AAL
New 20 Day Breakout: IGC, INTC, CCK, CF, BA, GILD, UNH, EOG, LLY, XLNX, I, BHC
New 20 Day Breakdown: SFIX, TWLO, BBY, KSS, DAL, FB, SEAS, PEP, ETFC, AMTD, STI, MNST, URBN
Double Normal Volume: IGC, SFIX, FTV, AMRN, LEN
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