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Stock impact report

Has This Homebuilding Stock Finally Bottomed Out? [Yahoo! Finance]

PulteGroup, Inc. (PHM) 
Last pultegroup, inc. earnings: 4/23 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Doing most of the heavy lifting is PulteGroup, Inc. (NYSE:PHM) , after the homebuilder reported a first-quarter earnings and revenue beat. CEO Larry Mastrovich also noted that they expect tariffs to have a 1% impact on average sale price, with the hits coming by the fourth quarter. At last check, PHM was up 8.1% to trade at $100.68, on track for the equity's best single-session gain since January 2023. The shares have been carving a channel of lower lows since an Oct. 21 all-time high of $149.47, and are today testing their 50-day moving average, a trendline that's served as pressure since November. Year-to-date, the stock's deficit is down to 7.7%. PHM options traders have been targeting puts with gusto. This is per PHM's 10-day put/call volume ratio of 1.90 at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), that ranks in the 78th percentile of its annual range. This indicates a much healthier-than-usual appetite for Show less Read more
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