Why Taylor Morrison Home Corporation Stock Popped Higher on Wednesday
Shares of home builder Taylor Morrison Home Corporation (NYSE: TMHC) popped higher on Wednesday after the company reported June was its best month ever. Taylor Morrison stock finished 17% higher for the day, and has now returned to where it started the year. Taylor Morrison sold 1,715 homes in June, for the all-time fast pace of 4.3 homes per day per community served by the company.