Home Depot Inc. stock rises Friday, still underperforms market

Home Depot Inc. stock rises Friday, still underperforms market

Shares of Home Depot Inc. HD, +0.76% inched 0.76% higher to $323.89 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +1.09% rising 1.09% to 4,180.17 and the Dow Jones Industrial Average DJIA, +0.67% rising 0.67% to 34,043.49. Home Depot Inc. closed $4.94 below its 52-week high ($328.83), which the company reached on April 19th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Lowe’s Cos. LOW, -0.18% fell 0.18% to $200.93, Kingfisher PLC ADR KGFHY, +1.85% rose 1.85% to $10.14, and Builders FirstSource Inc. BLDR, +2.11% rose 2.11% to $48.77. Trading volume (3.4 M) remained 1.6 million below its 50-day average volume of 5.0 M.

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