Lowe's Cos. Stock Outperforms Market Despite Losses On The Day
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Shares of Lowe's Cos. (LOW) shed 0.92% to $186.63 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.08% to 3,748.57 and Dow Jones Industrial Average falling 1.95% to 32,513.94. The stock's fall snapped a three-day winning streak. Lowe's Cos. closed $76.68 short of its 52-week high ($263.31), which the company achieved on December 13th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Home Depot Inc. (HD) fell 1.51% to $286.75 and Kingfisher PLC ADR (KGF.LN) fell 1.36% to $5.08. Trading volume (3.0 M) remained 776,558 below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2022.
(END) Dow Jones Newswires
November 09, 2022 17:06 ET (22:06 GMT)
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