Shares of Lowe’s Cos. LOW dropped 0.17% to $251.91 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.17% to 4,690.70 and the Dow Jones Industrial Average DJIA rising 0.55% to 35,813.80. The stock’s fall snapped a five-day winning streak. Lowe’s Cos. closed $4.48 below its 52-week high ($256.39), which the company reached on November 22nd.
The stock underperformed when compared to some of its competitors Tuesday, as Home Depot Inc. HD fell 0.10% to $408.37 and Kingfisher PLC ADR KGFHY rose 1.48% to $8.93. Trading volume (2.5 M) remained 561,219 below its 50-day average volume of 3.1 M.