TRI Pointe Homes, Inc. (NYSE: TPH) Downgrade Amid Sale Investigation

Oppenheimer downgraded NYSE:TPH from "Outperform" to "Perform" due to an ongoing investigation into its proposed sale.Shareholders are set to receive $47 per share in cash, reflecting a 26.80% increase in stock price.The company's market capitalization stands at approximately $3.99 billion, with a trading volume of 22.31 million shares.TRI Pointe Homes, Inc. (NYSE:TPH) is a leading homebuilding company in the United States, specializing in the design, construction, and sale of single-family homes. The compa ...