United Kingdom

Meritage Homes Corp (MTH.N)

MTH.N on New York Stock Exchange

23 Jan 2019
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$0.56 (+1.44%)
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Signs of relief emerge for battered U.S. homebuilding stocks

By April Joyner NEW YORK, Nov 1 U.S. homebuilders' earnings have been hit by rising mortgage rates in the latest quarter, but their shares are showing signs of recovering. The S&P Composite 1500 Homebuilding index has dropped 9.4 percent in October and 31.2 percent year-to-date, but the homebuilding stock index has recovered by 8.2 percent since Oct. 24. The benchmark S&P 500 index lost 6.94 percent in October, its worst month since September 201

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