Your email has been successfully added to our mailing list.

×
0 0 0 0 0.0174418604651162 0.0170265780730897 -0.000415282392026643 0.00498338870431898
Stock impact report

UPDATE 1-PulteGroup pulls 2020 forecast as pandemic hammers home demand [Reuters (UK)]

PulteGroup, Inc. (PHM) 
Last pultegroup, inc. earnings: 4/23 06:30 am Check Earnings Report
Company Research Source: Reuters
PulteGroup pulls 2020 forecast as pandemic hammers home demand - Reuters 2 Min Read (Reuters) - U.S. homebuilder PulteGroup Inc ( PHM.N ) on Thursday withdrew its 2020 financial forecast and suspended its share buyback programme, citing a hit to demand from the coronavirus crisis that has put millions of Americans out of work. The U.S. housing sector had been growing steadily on the back of lower interest rates and a strong job market prior to the pandemic, which has raised concerns of the sharpest slowdown in economic growth since the Great Depression of the 1930s. Pulte experienced a sharp drop in consumer traffic and sales activity starting in mid-March as governments imposed stay-in-place orders, Chief Executive Officer Ryan Marshall said. Larger rivals, D.R. Horton Inc ( DHI.N ) and Lennar Corp ( LEN.N ), had also abandoned their full-year financial targets, citing a jump in order cancellations due to lockdowns aimed at curbing the spread of the virus. Home sales at Pulte r Show less Read more
Impact Snapshot
Event Time:
PHM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for PHM alerts
Opt-in for
PHM alerts

from News Quantified
Opt-in for
PHM alerts

from News Quantified