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, +1.21% rose 1.21% to $328.09 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.05% rising 1.05% to 4,119.21 and the Dow Jones Industrial Average DJIA, +0.02% rising 0.02% to 34,092.96. This was the stock’s second consecutive day of gains. Home Depot Inc. closed $46.58 short of its 52-week high ($374.67), which the company reached on February 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Amazon.com Inc. AMZN, +1.96% rose 1.96% to $105.15, Walmart Inc. WMT, +0.56% rose 0.56% to $144.67, and Lowe’s Cos. LOW, +2.55% rose 2.55% to $213.56. Trading volume (3.1 M) remained 706,371 below its 50-day average volume of 3.8 M.

Share:
error: Content is protected !!