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Shares of Lowe's Cos. (LOW) rallied 2.62% to $198.73 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.46% to 3,901.06 and the Dow Jones Industrial Average rising 2.59% to 32,861.80. This was the stock's second consecutive day of gains. Lowe's Cos. closed $64.58 short of its 52-week high ($263.31), which the company achieved on December 13th.
The stock outperformed some of its competitors Friday, as Home Depot Inc. (HD) rose 2.61% to $298.65 and Kingfisher PLC ADR (KGF.LN) fell 0.60% to $5.01. Trading volume (3.3 M) remained 436,169 below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2022.
(END) Dow Jones Newswires
October 28, 2022 17:07 ET (21:07 GMT)
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