Lowe’s stock falls in wake of rival Home Depot’s disappointing earnings report

South Africa News News

Lowe’s stock falls in wake of rival Home Depot’s disappointing earnings report
South Africa Latest News,South Africa Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Shares of Lowe’s Companies Inc. dropped 1.9% toward a seven-week low in premarket trading Tuesday, as a disappointing earnings report from rival home...

Shares of Lowe’s Companies Inc. LOW dropped 1.9% toward a seven-week low in premarket trading Tuesday, as a disappointing earnings report from rival home improvement retailer Home Depot Inc. HD weighed on sentiment. Lowe’s is scheduled to report its own fiscal first-quarter results before the May 23 opening bell. Lowe’s stock was headed for a fifth-straight decline, which would be the longest losing streak since the five-day stretch that ended Feb. 9, 2023. The stock has declined 5.

... Shares of Lowe’s Companies Inc. LOW dropped 1.9% toward a seven-week low in premarket trading Tuesday, as a disappointing earnings report from rival home improvement retailer Home Depot Inc. HD weighed on sentiment. Lowe’s is scheduled to report its own fiscal first-quarter results before the May 23 opening bell. Lowe’s stock was headed for a fifth-straight decline, which would be the longest losing streak since the five-day stretch that ended Feb. 9, 2023. The stock has declined 5.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Capital One stock rallies and Home Depot shares dip, and other companies on the moveCapital One stock rallies and Home Depot shares dip, and other companies on the moveCapital One Financial Corp.'s shares rose 6% after Warren Buffett’s Berkshire Hathaway Inc. took a near $1 billion bet on the credit card and banking group
Read more »

Home Depot’s stock selloff would cut nearly 80 points off the Dow’s priceHome Depot’s stock selloff would cut nearly 80 points off the Dow’s priceShares of Home Depot Inc. took a 4.0% dive, to pace the Dow Jones Industrial Average’s premarket decliners, after the home improvement retailer missed fiscal...
Read more »

Can you afford to age in place?Can you afford to age in place?Aging in place isn't as simple as just staying home — you must consider the costs, including those for age-related home renovations, home maintenance and caregiving.
Read more »

Can you afford to age in place?Can you afford to age in place?Aging in place isn't as simple as just staying home — you must consider the costs, including those for age-related home renovations, home maintenance and caregiving.
Read more »

Jessica Chastain shares what went through her mind when she won her 1st OscarJessica Chastain shares what went through her mind when she won her 1st OscarAt the 2022 Oscars, Chastain took home the award for best actress for her role as televangelist Tammy Faye Bakker in 'The Eyes of Tammy Faye.”
Read more »

Jenna Bush Hager shares Christmas memories of late grandmother Barbara BushJenna Bush Hager shares Christmas memories of late grandmother Barbara Bush'She stockpiled a lot for her great-grandchildren. I just imagine her wildly needlepointing. And so even though Hal was born after she passed away, he is always going to have a part of her.' ❤️
Read more »



Render Time: 2025-02-28 14:27:40