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Why KB Home Stock Got Slammed Today

TheMotleyFool

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Shares of home-building company KB Home (NYSE: KBH) got slammed on Thursday, after the company reported results for the second quarter of 2020. As of 11:30 a.m. EDT, the stock was down 12%.

KB Home's net orders plummeted 57% year over year in Q2, making investors nervous its backlog is drying up.

Image source: Getty Images.

Source Fool.com

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