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THE REAL MOST ACTIVE NYSE Stocks End Big Week With Gains, Volume.(MAKING MONEY)
Byline: JONAH KERI
NYSE stocks closed a bullish week in style Friday. The Dow rose 1.6% for the day, 2.9% for the week. The S&P 500 climbed 1.5%, 3.2% for the week. The small-cap S&P 600 outperformed the major NYSE indexes, jumping 1.9% for the day, 5.3% for the week, continuing their recent winning streak.
Hovnanian Enterprises continued its stranglehold atop the NYSE Real Most Active column. The home builder surged 2.50 to a new high of 57.95 on twice its normal trade. That's the eighth up day in a row for the stock, which broke out May 7.
The stock had run up ahead of this week's quarterly earnings report and has kept rising after the firm blew away profit estimates for the quarter and raised guidance for the year.
Hovnanian again had company from other fast-moving home builders. Meritage ramped up 1.18 to 47.18 on two times its usual turnover, good for a new closing high.
M/I Schottenstein Homes ...
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