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Why Taylor Morrison Home Corporation Stock Popped Higher on Wednesday

Jon Quast, The Motley Fool
·2-min read
Why Taylor Morrison Home Corporation Stock Popped Higher on Wednesday
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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.