KB Home Builds on Earnings Beat; Shares Spike 8%
June 19, 2015 at 11:37 AM EDT
The U.S. housing market has picked up in recent months. The latest quarterly financial report posted today by K.B. Home (KBH) is feeding housing markets bulls. At $16.11, the shares jumped almost 8% after the home builder bested earnings and revenue for the quarter amid increased demand. As the Wall Street Journal reported: For the [...]
