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Toll Brothers stock dives after disappointing guidance; CEO blames media for housing slowdown
Toll Brothers gives weaker-than-expected guidance for the first quarter next year.
CEO Douglas Yearley says reports about the souring house market are causing the slowdown.
Yet, U.S. Census data show new home sales have declined for 11 straight months
https://www.cnbc.com/2018/12/04/toll-bro...yptr=yahoo
![[Bild: TOLc1dl1041.png]](https://finviz.com/publish/120418/TOLc1dl1041.png)
Toll Brothers gives weaker-than-expected guidance for the first quarter next year.
CEO Douglas Yearley says reports about the souring house market are causing the slowdown.
Yet, U.S. Census data show new home sales have declined for 11 straight months
https://www.cnbc.com/2018/12/04/toll-bro...yptr=yahoo
