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Shares of Lowe's Cos. (LOW) advanced 1.80% to $197.42 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 3.06% to 3,790.93 and the Dow Jones Industrial Average rising 2.80% to 30,316.32. This was the stock's second consecutive day of gains. Lowe's Cos. closed $65.89 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) rose 2.07% to $289.56 and Kingfisher PLC ADR (KGF.LN) rose 4.15% to $5.27. Trading volume (4.1 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 4, 2022.
(END) Dow Jones Newswires
October 04, 2022 17:06 ET (21:06 GMT)
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