KB Home (KBH) Falls After Missing Fourth Quarter Profit Forecast

Shares of Los Angeles, CA, based KB Home (KBH) fell on Tuesday, against the backdrop of a mildly lower day in stocks overall. The company’s stock was down 16.29%, falling $2.70 per share to close at 13.87, on volume of 35,014,762 shares. The company reported that its fourth quarter earnings missed expectations, and that demand Read the full article... Read the rest of KB Home (KBH) Falls After Missing Fourth Quarter Profit Forecast at InvestorGuide.com .