KB Home (KBH): Today's Featured Industrial Goods Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.KB Home (KBH) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day up 0.6%. By the end of trading, KB Home fell $0.21 (-1.3%) to $15.90 on average volume. Throughout the day, 3,678,770 shares of KB Home exchanged hands as compared to its average daily volume of 4,835,000 shares. The stock ranged in price between $15.75-$16.17 after having opened the day at $16.11 as compared to the previous trading day's close of $16.11. Other companies within the Industrial Goods sector that declined today were: Breeze-Eastern Corporation (BZC), down 6.8%, Advanced Emissions Solutions (ADES), down 6.6%, CVD Equipment Corporation (CVV), down 5.8% and India Globalization Capital (IGC), down 5.7%.
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