Previous close | 5.40 |
Open | 5.50 |
Bid | 5.70 |
Ask | 5.90 |
Strike | 115.00 |
Expiry date | 2024-01-19 |
Day's range | 5.50 - 6.00 |
Contract range | N/A |
Volume | |
Open interest | 615 |
The current interest rate environment is driving mortgage rates higher, which in turn are having their own effect on homebuilder stocks, such as D.R. Horton (DHI), Lennar (LEN), and PulteGroup (PHM). Many stocks across the homebuilding sector have been noted to be in a downturn since the Federal Reserve's rate pause last week. Yahoo Finance's Jared Blikre joins the show to break down how these stocks are performing amid elevated volatility. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Warren Buffett, longtime CEO of Berkshire Hathaway, transformed a struggling textile maker into a multinational holding company with a valuation of roughly $800 billion. In part, Buffett accomplished this unparalleled success through his investing prowess: He and his investment managers buy individual stocks with premiums from its insurance business, also known as the float. While Buffett doesn't comment on all of Berkshire's investments, the company must list its holdings 45 days after each quarter.
D.R. Horton, Inc. ( NYSE:DHI ) saw significant share price movement during recent months on the NYSE, rising to highs...