Home Depot Inc. Stock Rises Thursday, Outperforms Market
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Shares of Home Depot Inc. (HD) inched 0.90% higher to $287.76 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.58% to 3,900.79 and Dow Jones Industrial Average falling 0.75% to 31,253.13. Home Depot Inc. closed $132.85 below its 52-week high ($420.61), which the company reached on December 6th.
The stock underperformed when compared to some of its competitors Thursday, as Lowe's Cos. (LOW) rose 2.20% to $187.86 and Kingfisher PLC ADR (KGF.LN) rose 4.39% to $6.23. Trading volume (5.2 M) eclipsed its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2022.
(END) Dow Jones Newswires
May 19, 2022 16:57 ET (20:57 GMT)
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