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Why is Taylor Morrison Home Corp (TMHC) Stock down?

23 Jan, 2024:

Taylor Morrison Home Corp. (TMHC) stock dropped by 5.47% due to changes in investor holdings, notably by NewSquare Capital LLC. According to their most recent Form 13F filing with the Securities & Exchange Commission, NewSquare Capital LLC significantly reduced its position in Taylor Morrison Home by 96.7% during the 3rd quarter, selling 73,626 shares. Their remaining stake amounted to 2,539 shares, valued at $108,000 by the end of the quarter

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