|
|
INTRADAY ALERTS
11/20/2009 2:56 PM ET
(RTTNews) -
DR Horton Inc. (DHI: News ) has extended its pullback and fallen to its worst intraday level in four months in mid-afternoon trading. The stock has plunged by $1.99 or 16.2 percent to $10.26. With the decline the stock has fallen below its 200-day moving average.
The sharp pullback by the homebuilder comes after the firm reported a fourth quarter net loss of $0.73 per share, far wider than the forecast loss of $0.30 per share. Revenues also fell short of the consensus estimate, coming in at $1.01 billion compared to expectations of $1.11 billion.
Click here to receive FREE breaking news email alerts for D R Horton Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: contact editorial@rttnews.com
|
|
|
|
|
More Intraday Alerts |
|
|
13 Articles
|
|
|
|
|
|
|
|
|