Shares of Lowe’s Cos. LOW, -1.64% dropped 0.57% to $195.65 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, -1.08% rising 0.95% to 4,160.68 and the Dow Jones Industrial Average DJIA, -0.81% rising 0.80% to 33,180.14. Lowe’s Cos. closed $67.66 short of its 52-week high ($263.31), which the company reached on December 13th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Home Depot Inc. HD, -1.41% fell 0.70% to $301.77 and Kingfisher PLC ADR KGFHY, -1.53% fell 2.83% to $6.53. Trading volume (3.3 M) remained 1.2 million below its 50-day average volume of 4.4 M.