Traders will want to watch homebuilding stocks following the Q4 results of KB Home KBH.
KB Home spiked up in early trading only to fall more than 1 percent later in Tuesday morning’s trading session.
The SPDR S&P Homebuilders (ETF) XHB was higher Tuesday and recently traded at $35.71, up 1.78 percent.
Other names trading higher Tuesday included Hovnanian Enterprises, Inc. HOV, Lennar Corporation LEN, D.R. Horton, Inc. DHI and PulteGroup, Inc. PHM.
KB Home recently traded at $16.39, down 1.09 percent.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in