Home Depot Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Home Depot Inc. (HD) rallied 2.19% to $296.03 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.39% to 4,023.89 and the Dow Jones Industrial Average rising 1.47% to 32,196.66. This was the stock's second consecutive day of gains. Home Depot Inc. closed $124.58 below its 52-week high ($420.61), which the company reached on December 6th.
The stock outperformed some of its competitors Friday, as Lowe's Cos. (LOW) rose 1.20% to $194.00 and Kingfisher PLC ADR (KGF.LN) rose 2.13% to $6.22. Trading volume (3.9 M) remained 664,308 below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 13, 2022.
(END) Dow Jones Newswires
May 13, 2022 16:57 ET (20:57 GMT)
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