Lowe's Cos. Stock Rises Thursday, Outperforms Market
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Shares of Lowe's Cos. (LOW) rallied 9.48% to $204.32 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 5.54% to 3,956.37 and the Dow Jones Industrial Average rising 3.70% to 33,715.37. Lowe's Cos. closed $58.99 short of its 52-week high ($263.31), which the company achieved on December 13th.
The stock outperformed some of its competitors Thursday, as Home Depot Inc. (HD) rose 8.70% to $311.70 and Kingfisher PLC ADR (KGF.LN) rose 8.46% to $5.51. Trading volume (4.8 M) eclipsed its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2022.
(END) Dow Jones Newswires
November 10, 2022 17:06 ET (22:06 GMT)
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