DJ Lowe's Cos. Stock Rises Friday, Still Underperforms Market
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Shares of Lowe's Cos. $(LOW)$ inched 0.61% higher to $248.48 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.26% to 5,942.47 and the Dow Jones Industrial Average rising 0.80% to 42,732.13.
This was the stock's third consecutive day of gains.
Lowe's Cos. closed $38.53 below its 52-week high ($287.01), which the company reached on October 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Amazon.com Inc. $(AMZN)$ rose 1.80% to $224.19, Home Depot Inc. $(HD)$ rose 0.19% to $389.18, and Walmart Inc. $(WMT)$ rose 0.87% to $90.78.
Trading volume (1.8 M) remained 630,928 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 3, 2025.
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(END) Dow Jones Newswires
January 03, 2025 16:40 ET (21:40 GMT)
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