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Shares of Lowe's Cos. (LOW) slid 3.17% to $179.82 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.06% to 3,719.89 and Dow Jones Industrial Average falling 0.46% to 32,001.25. This was the stock's fourth consecutive day of losses. Lowe's Cos. closed $83.49 short of its 52-week high ($263.31), which the company achieved on December 13th.
The stock underperformed when compared to some of its competitors Thursday, as Home Depot Inc. (HD) fell 2.50% to $281.50 and Kingfisher PLC ADR (KGF.LN) fell 2.59% to $4.88. Trading volume (4.2 M) eclipsed its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 3, 2022.
(END) Dow Jones Newswires
November 03, 2022 17:07 ET (21:07 GMT)
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