Lennar Stock Suffers Worst Drop Since 2024 Amid Land Banking Report
Lennar shares experienced their largest decline since 2024 following a report by Hunterbrook questioning the company's relationship with land banking firm Millrose. The report alleges Lennar sold over 700 homes to Millrose.
Lennar stock logged its biggest decline since 2024 after a report from media outlet and investment firm Hunterbrook raised questions about its relationship with land banking company Millrose. The report said Lennar sold over 700 homes to Millrose, a land-banking company.