April 11, 2013 at 16:35 PM EDT
Homebuilders IPO As U.S. Housing Market Improves
With the housing market heading higher, some private homebuilders are going public. While their stocks are up from their IPO prices, the gains haven't been big earthmovers. Taylor Morrison Home (TMHC) l ifted 4.2% Thursday in its second trading day as William Lyon Homes this week announced plans to IPO in a filing with the Securities and Exchange Commission. TRI Pointe Homes (TPH) went public in January at an IPO price of $17 and is up 13% from
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