DR Horton Inc (DHI): 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.DR Horton (DHI) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day down 0.2%. By the end of trading, DR Horton fell $0.36 (-1.8%) to $19.63 on light volume. Throughout the day, 4,525,160 shares of DR Horton exchanged hands as compared to its average daily volume of 7,892,200 shares. The stock ranged in price between $19.57-$20.02 after having opened the day at $19.82 as compared to the previous trading day's close of $19.99. Other companies within the Industrial Goods sector that declined today were: MagneGas Corporation (MNGA), down 12.1%, Zoltek Companies (ZOLT), down 9.8%, India Globalization Capital (IGC), down 8.3% and China Recycling Energy Corporation (CREG), down 5.1%.
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