Shares of PulteGroup Inc. /zigman2/quotes/201694804/composite PHM +1.69% slipped 6.30% to $41.64 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 +3.06% falling 4.04% to 3,923.68 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% falling 3.57% to 31,490.07. The stock's fall snapped a four-day winning streak. PulteGroup Inc. closed $17.19 short of its 52-week high ($58.83), which the company achieved on June 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as D.R. Horton Inc. /zigman2/quotes/202032328/composite DHI +0.43% fell 6.74% to $65.71, Lennar Corp. Cl B /zigman2/quotes/207749640/composite LEN.B +1.49% fell 5.65% to $61.76, and Toll Brothers Inc. /zigman2/quotes/201912487/composite TOL +1.24% fell 5.17% to $46.39. Trading volume (3.2 M) eclipsed its 50-day average volume of 3.0 M.