This Recent Homebuilder IPO Is Soaring on Monday

The stock market was having a strong day on Monday, but Dream Finders Homes (NASDAQ: DFH), a homebuilder that went public less than two weeks ago, is a standout. As of 2:30 p.m. EST, Dream Finders was up by more than 12% for the day and was trading at its highest share price since going public.

Dream Finders' big news item of the day is the acquisition of Orlando-based Century Homes Florida. And while there's quite a bit we don't know about the deal (including how much Dream Finders paid), this is certainly a big deal for the company.

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Source Fool.com