Home Depot Inc. stock outperforms market on strong trading day

Home Depot Inc. stock outperforms market on strong trading day

Shares of Home Depot Inc. HD, -0.55% rose 1.27% to $327.74 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, -0.21% rising 0.28% to 4,536.95 and the Dow Jones Industrial Average DJIA, -0.32% rising 0.37% to 35,443.82. The stock’s rise snapped a two-day losing streak. Home Depot Inc. closed $17.95 below its 52-week high ($345.69), which the company achieved on May 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Lowe’s Cos. LOW, -0.81% rose 1.34% to $206.15 and Kingfisher PLC ADR KGFHY, -0.72% fell 0.72% to $9.65. Trading volume (3.1 M) eclipsed its 50-day average volume of 3.1 M.

Share:
error: Content is protected !!