Shares of PulteGroup Inc. PHM, -0.72% slumped 0.72% to $54.79 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.07% rising 0.07% to 4,048.42 and the Dow Jones Industrial Average DJIA, +0.12% rising 0.12% to 33,431.44. The stock’s fall snapped a two-day winning streak. PulteGroup Inc. closed $6.10 short of its 52-week high ($60.89), which the company achieved on February 2nd.
Despite its losses, the stock outperformed some of its competitors Monday, as Toll Brothers Inc. TOL, -1.73% fell 1.73% to $59.08, D.R. Horton Inc. DHI, -1.42% fell 1.42% to $91.46, and M.D.C. Holdings Inc. MDC, -2.86% fell 2.86% to $36.05.true Trading volume (2.8 M) eclipsed its 50-day average volume of 2.3 M.