Shares of PulteGroup Inc. /zigman2/quotes/201694804/composite PHM +1.69% rose 4.49% to $43.52 Thursday, 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 2.47% to 4,287.50 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% rising 1.85% to 33,916.39. The stock's rise snapped a two-day losing streak. PulteGroup Inc. closed $20.39 short of its 52-week high ($63.91), which the company achieved on May 10th.
The stock outperformed some of its competitors Thursday, as D.R. Horton Inc. /zigman2/quotes/202032328/composite DHI +0.43% rose 3.95% to $72.86, Lennar Corp. Cl B /zigman2/quotes/207749640/composite LEN.B +1.49% rose 4.13% to $67.27, and Toll Brothers Inc. /zigman2/quotes/201912487/composite TOL +1.24% rose 4.24% to $47.65. Trading volume (3.0 M) eclipsed its 50-day average volume of 2.8 M.