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Homebuilder Stocks Dip Amid Declining Sentiment

Friday, Aug 17 2018

Written by TPB News

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Major home construction company stocks dipped as homebuilder sentiment is down and U.S. equity trading lags. So reports CNBC.

Specifically, American Woodmark and Lumber Liquidators pushed the Home Construction exchange-traded fund (ITB) down by more than 21% from January's 52-week high. The National Association of Home Builders said builder sentiment dropped 1 point in August to 67, its lowest mark in 11 months.

Read the full article from CNBC.

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