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Home Depot Inc. Stock Underperforms Thursday When Compared To Competitors

Dow Jones08-02

DJ Home Depot Inc. Stock Underperforms Thursday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Home Depot Inc. $(HD)$ slid 2.60% to $358.58 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.37% to 5,446.68 and Dow Jones Industrial Average falling 1.21% to 40,347.97.

The stock's fall snapped a five-day winning streak.

Home Depot Inc. closed $38.29 short of its 52-week high ($396.87), which the company reached on March 21st.

The stock underperformed when compared to some of its competitors Thursday, as Amazon.com Inc. $(AMZN)$ fell 1.56% to $184.07, Walmart Inc. $(WMT)$ rose 1.68% to $69.79, and Lowe's Cos. $(LOW)$ fell 1.69% to $241.36.

Trading volume (3.7 M) eclipsed its 50-day average volume of 3.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 1, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

August 01, 2024 16:34 ET (20:34 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Stock Underperforms Thursday When Compared To Competitors\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     Shares of Home Depot Inc. $(HD)$ slid 2.60% to $358.58 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index  falling 1.37% to 5,446.68 and Dow Jones Industrial Average  falling 1.21% to 40,347.97. \n\n\n     The stock's fall snapped a five-day winning streak. \n\n\n     Home Depot Inc. closed $38.29 short of its 52-week high ($396.87), which the company reached on March 21st. \n\n\n     The stock underperformed when compared to some of its competitors Thursday, as Amazon.com Inc. $(AMZN)$ fell 1.56% to $184.07, Walmart Inc. $(WMT)$ rose 1.68% to $69.79, and Lowe's Cos. $(LOW)$ fell 1.69% to $241.36. \n\n\n     Trading volume (3.7 M) eclipsed its 50-day average volume of 3.5 M. \n\n\n     Data source: Dow Jones Market Data, FactSet. 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