Home Depot Inc. stock rises Friday, outperforms market

Home Depot Inc. stock rises Friday, outperforms market

Shares of Home Depot Inc. HD, +1.36% rallied 1.36% to $372.63 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.72% rising 0.72% to 4,682.85 and the Dow Jones Industrial Average DJIA, +0.50% rising 0.50% to 36,100.31. The stock’s rise snapped a two-day losing streak. Home Depot Inc. closed $2.52 short of its 52-week high ($375.15), which the company reached on October 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Lowe’s Cos. LOW, +1.72% rose 1.72% to $236.32 and Kingfisher PLC ADR KGFHY, +1.10% rose 1.10% to $9.17. Trading volume (2.8 M) remained 132,498 below its 50-day average volume of 2.9 M.

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