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Shares of Lowe's Cos. (LOW) rose 1.53% to $204.38 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.66% to 4,006.18 and the Dow Jones Industrial Average rising 0.61% to 31,774.52. This was the stock's second consecutive day of gains. Lowe's Cos. closed $58.93 short of its 52-week high ($263.31), which the company reached on December 13th.
The stock outperformed some of its competitors Thursday, as Home Depot Inc. (HD) rose 0.82% to $299.90 and Kingfisher PLC ADR (KGF.LN) fell 1.82% to $5.49. Trading volume (3.6 M) eclipsed its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 8, 2022.
(END) Dow Jones Newswires
September 08, 2022 17:05 ET (21:05 GMT)
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