M/I Homes (MHO) Stock Drops Despite Market Gains: Important Facts to Note

In the latest market close, M/I Homes (MHO) reached $156.48, with a -1.04% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.82% for the day. On the other hand, the Dow registered a loss of 0.22%, and the technology-centric Nasdaq increased by 1.77%.Heading into today, shares of the homebuilder had gained 1.37% over the past month, outpacing the Construction sector's loss of 3.3% and the S&P 500's gain of 0.8% in that time.Market participants will be cl ...