Lowe's Cos. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Lowe's Cos. (LOW) slumped 0.72% to $193.55 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.41% to 3,856.10 and Dow Jones Industrial Average falling 0.24% to 32,653.20. This was the stock's second consecutive day of losses. Lowe's Cos. closed $69.76 below its 52-week high ($263.31), which the company reached on December 13th.
The stock underperformed when compared to some of its competitors Tuesday, as Home Depot Inc. (HD) fell 0.02% to $296.06 and Kingfisher PLC ADR (KGF.LN) rose 1.79% to $5.12. Trading volume (3.3 M) remained 458,604 below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 1, 2022.
(END) Dow Jones Newswires
November 01, 2022 17:07 ET (21:07 GMT)
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