Home Depot Inc. stock falls Monday, still outperforms market

Home Depot Inc. stock falls Monday, still outperforms market

Shares of Home Depot Inc. HD, -0.65% slumped 0.65% to $282.46 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.75% falling 0.75% to 3,612.39 and Dow Jones Industrial Average DJIA, -0.32% falling 0.32% to 29,202.88. This was the stock’s second consecutive day of losses. Home Depot Inc. closed $138.15 short of its 52-week high ($420.61), which the company achieved on December 6th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Lowe’s Cos. LOW, -1.17% fell 1.17% to $194.90 and Kingfisher PLC ADR KGFHY, +2.97% rose 2.97% to $4.68. Trading volume (2.1 M) remained 1.5 million below its 50-day average volume of 3.6 M.

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