Toll Brothers shares sink as California demand dwindles amid trade war
Shares of Toll Brothers fell more
than 6% on Wednesday after the U.S. luxury homebuilder reported
a 36% collapse in orders in California, where other sector
players have signaled waning demand from affluent Chinese buyers
in light of President Donald Trump’s trade war.
than 6% on Wednesday after the U.S. luxury homebuilder reported
a 36% collapse in orders in California, where other sector
players have signaled waning demand from affluent Chinese buyers
in light of President Donald Trump’s trade war.
Posted by Reuters
