D.R Horton Slips, Danaher Falls, GM Rises
Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers:- Thousands of layoffs at Seattle-area tech companies have started to weigh on the housing market and on some of the country’s biggest homebuilders. DR Horton (DHI) expects to sell fewer homes this year than previously forecast, with the company's CEO citing "weakness out in the Northwest" and "headwinds to demand" in the Seattle area. DR Horton shares fell as much as 1.9% Tuesday after the company said it expects to sell fewer homes this year than previously forecast.-…
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