NASDAQ:LGIH

LGI Homes Falls as 529-Unit Project Faces Rate Risk
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LGI Homes Falls as 529-Unit Project Faces Rate Risk

LGI Homes shares fell 1.9% to $47.81 Friday, underperforming rivals as 30-year U.S. mortgage rates rose to 6.53% and April new-home sales dropped 6.2%. LGI opened a 529-lot Trails West community near Jacksonville and launched a new product line near Houston this week. D.R. Horton and Lennar both gained 0.1%. About 406,000 LGI shares traded, with market cap near $1.11 billion.
May 29, 2026

Stock Market Today

  • Genomic Test Could Spare Millions of Breast Cancer Patients Chemotherapy, Landmark Study Finds
    May 29, 2026, 8:16 PM EDT. A landmark study reveals that millions of breast cancer patients could safely skip chemotherapy thanks to the Prosigna genomic test, which analyses tumor genes to assess recurrence risk. The international OPTIMA trial, involving 4,429 patients, showed a 93.7% five-year cancer-free survival rate for those who avoided chemotherapy, nearly matching the 94.9% rate for those treated with it. Karen Bonham, a trial participant, described her relief upon learning she would not need chemotherapy, attributing her cancer-free status nine years post-diagnosis to the test's guidance. Experts hail the findings as gamechanging, potentially transforming breast cancer treatment by reducing unnecessary chemotherapy and its side effects, while maintaining patient safety.