Lennar Forecast Misses, CoreWeave Hits Buy Rating, Intuits Gains
Audio is streamed directly from the publisher (podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
On this episode of Stock Movers:
- Builder Lennar (LEN) forecast for quarterly home orders missed analysts’ estimates as affordability concerns and the wavering job market keep a lid on buyer demand. The company projected 20,000 to 21,000 contracts for its fiscal fourth quarter, according to a statement Thursday. Analysts expected 21,047, the average in a survey compiled by Bloomberg. - CoreWeave (CRWV) shares are up 0.3% in premarket trading, after Loop Capital started coverage on the cloud-computing provider with a buy rating and $165 price target.
- Intuit (INTU) shares are up 3.3% on Friday, with Wall Street firms positive on the tax-preparation software company in the wake of its analyst day event.
See omnystudio.com/listener for privacy information.