$LEN

$LEN is under pressure as elevated rates weigh on homebuilders, leaving the group among localized pockets of market weakness.

$LEN still needs a meaningful trend change, as lower highs and lower lows outweigh its sharp one-day bounce.

Lennar reported new orders down 9% year over year, deliveries down 3%, and revenue of $8.05 billion versus FactSet estimates of $8.32 billion.