Shares of PulteGroup Inc. /zigman2/quotes/201694804/composite PHM -1.41% slid 3.37% to $40.49 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.85% falling 1.65% to 3,935.18 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.80% falling 1.02% to 31,834.11. This was the stock's fifth consecutive day of losses. PulteGroup Inc. closed $18.83 below its 52-week high ($59.32), which the company achieved on May 14th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as D.R. Horton Inc. /zigman2/quotes/202032328/composite DHI -1.14% fell 4.91% to $64.86, Lennar Corp. Cl B /zigman2/quotes/207749640/composite LEN.B -1.00% fell 5.96% to $60.29, and Toll Brothers Inc. /zigman2/quotes/201912487/composite TOL -1.81% fell 4.23% to $44.15.true Trading volume (3.9 M) eclipsed its 50-day average volume of 2.9 M.