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Shares of Lowe's Cos. (LOW) slid 1.30% to $192.96 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.41% to 3,908.19 and Dow Jones Industrial Average falling 0.55% to 31,145.30. This was the stock's second consecutive day of losses. Lowe's Cos. closed $70.35 below its 52-week high ($263.31), which the company achieved on December 13th.
The stock underperformed when compared to some of its competitors Tuesday, as Home Depot Inc. (HD) fell 0.81% to $289.54 and Kingfisher PLC ADR (KGF.LN) rose 5.60% to $5.66. Trading volume (3.1 M) remained 390,939 below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 6, 2022.
(END) Dow Jones Newswires
September 06, 2022 17:05 ET (21:05 GMT)
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