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Shares of Lowe's Cos. (LOW) rallied 3.25% to $193.92 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.59% to 3,678.43 and the Dow Jones Industrial Average rising 2.66% to 29,490.89. The stock's rise snapped a two-day losing streak. Lowe's Cos. closed $69.39 short of its 52-week high ($263.31), which the company achieved on December 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Home Depot Inc. (HD) rose 2.81% to $283.70 and Kingfisher PLC ADR (KGF.LN) rose 4.22% to $5.06. Trading volume (4.3 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 3, 2022.
(END) Dow Jones Newswires
October 03, 2022 17:06 ET (21:06 GMT)
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