D.R. Horton (DHI) Up on Strong Demand and Higher House Prices
Shares of Fort Worth, Texas-based D.R. Horton Inc. (DHI) rose on Tuesday, after reporting that the company has been charging more for the homes that it builds, and that sales are increasing as the company moves into what is traditionally the busiest time of the year for home sales. The stock price was up $2.06, or 9.84%, to $23.00 per share, on volume of more than 19.8 million shares.