Shares of PulteGroup Inc. (NYS:PHM) shed 2.72% to $44.07 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index (S&P:SPX) falling 1.08% to 4,115.77 and Dow Jones Industrial Average (DOW:DJIA) falling 0.81% to 32,910.90. The stock's fall snapped a two-day winning streak. PulteGroup Inc. closed $14.02 short of its 52-week high ($58.09), which the company achieved on January 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as D.R. Horton Inc. (NYS:DHI) fell 3.30% to $73.00, Lennar Corp. Cl B (NYS:LEN.B) fell 2.62% to $66.20, and Toll Brothers Inc. (NYS:TOL) fell 2.61% to $49.26. Trading volume (1.7 M) remained 1.2 million below its 50-day average volume of 2.9 M.