Shares of Lowe’s Cos. LOW, 0.80% shed 5.16% to $174.72 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.04% falling 2.01% to 3,821.55 and Dow Jones Industrial Average DJIA, 0.27% falling 1.56% to 30,946.99. The stock’s fall snapped a four-day winning streak. Lowe’s Cos. closed $88.59 below its 52-week high ($263.31), which the company reached on December 13th.
The stock underperformed when compared to some of its competitors Tuesday, as Home Depot Inc. HD, 1.31% fell 4.44% to $270.15 and Kingfisher PLC ADR KGFHY, -0.50% fell 2.12% to $6.01. Trading volume (5.0 M) eclipsed its 50-day average volume of 4.1 M.