Lennar (NYSE:LEN-B) Shares Down 2% – Here’s Why

Lennar Co. (NYSE:LEN-BGet Free Report) shares fell 2% on Tuesday . The stock traded as low as $115.24 and last traded at $116.09. 44,429 shares were traded during trading, The stock had previously closed at $118.50.

Lennar Stock Up 3.6 %

The company’s fifty day simple moving average is $128.12 and its 200 day simple moving average is $151.35.

About Lennar

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Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties.

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