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Shares of Home Depot Inc. (HD) inched 0.07% higher to $358.23 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.37% to 4,536.19 and the Dow Jones Industrial Average rising 0.43% to 35,609.34. This was the stock's eighth consecutive day of gains. Home Depot Inc. hit a new 52-week high, surpassing its previous peak of $358.09, which the company reached on October 19th.
The stock underperformed when compared to some of its competitors Wednesday, as Lowe's Cos. (LOW) rose 0.94% to $225.01 and Kingfisher PLC ADR (KGF.LN) rose 2.08% to $9.35. Trading volume (2.6 M) remained 554,644 below its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 20, 2021.
(END) Dow Jones Newswires
October 20, 2021 16:58 ET (20:58 GMT)
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