Lennar Earnings Weakness Shake Homebuilders, LEN Options Trade

Описание: Lennar (LEN) reported earnings and missed analyst expectations. The company pointed to affordability concerns, weak consumer confidence, and a U.S. government shutdown as reasons for its mixed quarter. KB Home (KBH) and PulteGroup (PHM) also saw their shares decline, while Toll Brothers (TOL) shares rose. Marley Kayden talks about why this report hit the homebuilders hard. ‪@ProsperTradingAcademy‬'s Scott Bauer offers a bearish options trade for Lennar.

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