DJ Lowe's Cos. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Lowe's Cos. $(LOW)$ slipped 3.08% to $249.81 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's seventh consecutive day of losses.
Lowe's Cos. closed $37.20 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 Wednesday, as Amazon.com Inc. $(AMZN)$ fell 4.60% to $220.52, Home Depot Inc. $(HD)$ fell 3.59% to $393.82, and Walmart Inc. $(WMT)$ fell 1.96% to $93.55.
Trading volume (2.9 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 16:39 ET (21:39 GMT)
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