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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)
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