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Shares of Lowe's Cos. (LOW) slid 1.39% to $187.81 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.51% to 3,585.62 and Dow Jones Industrial Average falling 1.71% to 28,725.51. This was the stock's second consecutive day of losses. Lowe's Cos. closed $75.50 below its 52-week high ($263.31), which the company achieved on December 13th.
The stock underperformed when compared to some of its competitors Friday, as Home Depot Inc. (HD) fell 0.86% to $275.94 and Kingfisher PLC ADR (KGF.LN) rose 2.00% to $4.86. Trading volume (4.6 M) eclipsed its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 30, 2022.
(END) Dow Jones Newswires
September 30, 2022 17:06 ET (21:06 GMT)
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