February 28, 2023

Lowe's Cos. stock rises Tuesday, outperforms market

Shares of Lowe’s Cos. LOW inched 0.74% higher to $205.75 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.30% to 3,970.15 and Dow Jones Industrial Average DJIA falling 0.71% to 32,656.70. This was the stock’s second consecutive day of gains. Lowe’s Cos. closed $32.62 below its 52-week high ($238.37), which the company reached on March 21st.

The stock outperformed some of its competitors Tuesday, as Amazon.com Inc. AMZN rose 0.50% to $94.23, Home Depot…

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