Shares of Lowe’s Cos.
rallied 3.13% to $158.58 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.95% to 3,841.94 and the Dow Jones Industrial Average
rising 1.85% to 31,496.30. The stock’s rise snapped a two-day losing streak. Lowe’s Cos. closed $22.09 below its 52-week high ($180.67), which the company reached on October 16th.
The stock outperformed some of its competitors Friday, as Home Depot Inc.
rose 1.03% to $253.52, Kingfisher PLC ADR
rose 1.37% to $7.41, and Builders FirstSource Inc.
rose 2.84% to $43.52. Trading volume (5.1 M) eclipsed its 50-day average volume of 3.9 M.