49.32 -1.33 (-2.7%)

MTH investors herd to book profits while the going is good

7 min read

MERITAGE HOMES CORP is a falling knife that can bleed you if you catch it on Tuesday. It returned -2.7% to close at 49.32. On a day when the overall market breadth was 37%, it closed higher than 65% of the market. In comparison, the benchmark SP500 index closed today at -0.0095%.

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