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Shares of Lowe's Cos. (LOW) slipped 1.61% to $211.02 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. The stock's fall snapped a three-day winning streak. Lowe's Cos. closed $52.29 below its 52-week high ($263.31), which the company reached on December 13th.
The stock underperformed when compared to some of its competitors Wednesday, as Home Depot Inc. (HD) fell 1.04% to $321.51 and Kingfisher PLC ADR (KGF.LN) rose 1.86% to $6.03. Trading volume (2.5 M) remained 1.3 million below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 17:07 ET (22:07 GMT)
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