Stocks
Midday Market Movers: Lennar & Capri Outshine in Earnings Bounce
Lennar Corporation (LEN) and Capri Holdings (CPRI) are among the top gainers in midday trading on Thursday, while Vicor Technologies (VICR), Amgen (AMGN), and others make notable moves.
The homebuilder Lennar surged 5.1% to $93.42 per share after beating earnings expectations. The company's quarterly revenue came in at $7.31 billion, exceeding analysts' forecasts of $6.94 billion.
Capri Holdings, parent company of Versace and Jimmy Choo, rose 3.8% to $54.23 per share as it reported a stronger-than-expected earnings performance.