Shares of homebuilders are trading lower in sympathy with Toll Brothers, which fell following Q2 earnings.
Portfolio Pulse from Benzinga Newsdesk
Shares of homebuilders are trading lower in sympathy with Toll Brothers, which fell following Q2 earnings.
May 22, 2024 | 7:22 pm
News sentiment analysis
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NEGATIVE IMPACT
D.R. Horton shares are trading lower in sympathy with Toll Brothers' disappointing Q2 earnings.
D.R. Horton shares are affected by the broader negative sentiment in the homebuilder sector following Toll Brothers' earnings miss.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 70
NEGATIVE IMPACT
Lennar Corporation shares are down as the homebuilder sector reacts to Toll Brothers' Q2 earnings.
Lennar Corporation shares are trading lower due to the negative impact on the homebuilder sector from Toll Brothers' earnings report.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 70
NEGATIVE IMPACT
PulteGroup shares are trading lower in response to Toll Brothers' disappointing Q2 earnings.
PulteGroup shares are negatively impacted by the broader homebuilder sector's reaction to Toll Brothers' earnings miss.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 70
NEGATIVE IMPACT
Toll Brothers' shares fell following disappointing Q2 earnings, impacting the broader homebuilder sector.
Toll Brothers' Q2 earnings report was below expectations, causing its stock to fall. This has a direct negative impact on its share price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100