Shares of PulteGroup Inc. /zigman2/quotes/201694804/composite PHM +1.69% inched 0.88% higher to $42.53 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +3.06% rising 2.39% to 4,023.89 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% rising 1.47% to 32,196.66. This was the stock's second consecutive day of gains. PulteGroup Inc. closed $16.79 below its 52-week high ($59.32), which the company achieved on May 14th.
The stock underperformed when compared to some of its competitors Friday, as D.R. Horton Inc. /zigman2/quotes/202032328/composite DHI +0.43% rose 1.44% to $68.53, Lennar Corp. Cl B /zigman2/quotes/207749640/composite LEN.B +1.49% rose 2.59% to $64.50, and Toll Brothers Inc. /zigman2/quotes/201912487/composite TOL +1.24% rose 3.83% to $47.68. Trading volume (6.0 M) eclipsed its 50-day average volume of 2.9 M.