Lowe's Cos. Stock Rises Tuesday, Outperforms Market

Socket Mobile Inc

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Company profile

Socket Mobile, Inc. is a provider of data capture and delivery solutions in workforce mobilization. The Company's data capture solutions are incorporated into mobile applications used in point of sale (POS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation, and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. Its primary products are cordless data capture devices incorporating barcode scanning or RFID/Near Field Communications (NFC) technologies that connect over Bluetooth. Its products work with applications running on smartphones, mobile computers, and tablets. It offers software developer kit (Capture-SDK) to application providers, which enables them to provide their consumers its barcode scanning features. Its products are integrated by the application providers and are marketed by the application providers or their resellers.

Lowe's Cos. Stock Rises Tuesday, Outperforms Market

5:06 pm ET November 22, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Lowe's Cos. (LOW) rose 2.00% to $214.47 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. This was the stock's third consecutive day of gains. Lowe's Cos. closed $48.84 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 Tuesday, as Home Depot Inc. (HD) rose 2.56% to $324.88 and Kingfisher PLC ADR (KGF.LN) rose 2.42% to $5.92. Trading volume (2.8 M) remained 1.1 million below its 50-day average volume of 3.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.

(END) Dow Jones Newswires

November 22, 2022 17:06 ET (22:06 GMT)