DJ Lowe's Cos. Stock Rises Wednesday, Still Underperforms Market
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Shares of Lowe's Cos. $(LOW)$ rallied 5.44% to $223.20 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 9.52% to 5,456.90 and the Dow Jones Industrial Average rising 7.87% to 40,608.45.
The stock's rise snapped a two-day losing streak.
Lowe's Cos. closed 22.23% short of its 52-week high of $287.01, which the company reached on October 15th.
The stock underperformed when compared to some of its competitors Wednesday, as Amazon.com Inc. $(AMZN)$ rose 11.98% to $191.10, Home Depot Inc. $(HD)$ rose 6.01% to $355.39, and Walmart Inc. $(WMT)$ rose 9.55% to $89.60.
Trading volume (4.1 M) eclipsed its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 9, 2025.
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(END) Dow Jones Newswires
April 09, 2025 16:36 ET (20:36 GMT)
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