Home Depot Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Home Depot Inc. (HD) rose 1.68% to $300.95 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.02% to 4,088.85 and the Dow Jones Industrial Average rising 1.34% to 32,654.59. Home Depot Inc. closed $119.66 below its 52-week high ($420.61), which the company achieved on December 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Lowe's Cos. (LOW) fell 0.36% to $194.03 and Kingfisher PLC ADR (KGF.LN) rose 2.96% to $6.44. Trading volume (12.4 M) eclipsed its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2022.
(END) Dow Jones Newswires
May 17, 2022 16:57 ET (20:57 GMT)
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