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Shares of Lowe's Cos. (LOW) advanced 4.32% to $201.30 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.83% to 3,979.87 and the Dow Jones Industrial Average rising 1.40% to 31,581.28. The stock's rise snapped a two-day losing streak. Lowe's Cos. closed $62.01 below its 52-week high ($263.31), which the company achieved on December 13th.
The stock outperformed some of its competitors Wednesday, as Home Depot Inc. (HD) rose 2.74% to $297.47 and Kingfisher PLC ADR (KGF.LN) fell 1.24% to $5.59. Trading volume (4.0 M) eclipsed its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 7, 2022.
(END) Dow Jones Newswires
September 07, 2022 17:05 ET (21:05 GMT)
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