DJ Lowe's Cos. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Lowe's Cos. $(LOW)$ advanced 1.15% to $250.22 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.10% to 6,040.04 and the Dow Jones Industrial Average rising 0.91% to 43,297.03.
Lowe's Cos. closed $36.79 short of its 52-week high ($287.01), which the company achieved on October 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Amazon.com Inc. $(AMZN)$ rose 1.77% to $229.05, Home Depot Inc. $(HD)$ rose 0.94% to $396.14, and Walmart Inc. $(WMT)$ rose 2.58% to $92.68.
Trading volume (992,138) remained 1.5 million below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 24, 2024.
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December 24, 2024 16:40 ET (21:40 GMT)
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