Hovnanian Enterprises (HOV) Volaility Up Following Home Sales Data; Shares Swing
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Hovnanian Enterprises Inc. (NYSE: HOV) shares are all over the place Monday following new home sales numbers. Data shows new home sales rose 7.6 percent to 369,000, versus 347,000 expected on the Street.
Volatility is up 18.5 percent on the session from last Friday's close.
After moving higher, Hovnanian is down about 0.4 percent in mid-morning trading.
Volatility is up 18.5 percent on the session from last Friday's close.
After moving higher, Hovnanian is down about 0.4 percent in mid-morning trading.
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