Shares of PulteGroup Inc. /zigman2/quotes/201694804/composite PHM +1.69% rallied 5.16% to $45.86 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +3.06% rising 2.99% to 4,300.17 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% rising 2.81% to 34,061.06. This was the stock's third consecutive day of gains. PulteGroup Inc. closed $18.05 short of its 52-week high ($63.91), which the company reached on May 10th.
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% rose 5.37% to $75.57, Lennar Corp. Cl B /zigman2/quotes/207749640/composite LEN.B +1.49% rose 4.89% to $70.55, and Toll Brothers Inc. /zigman2/quotes/201912487/composite TOL +1.24% rose 5.23% to $50.52. Trading volume (3.3 M) eclipsed its 50-day average volume of 2.9 M.