Home Depot stock slides 1.50% and underperforms competitors
Updated
Updated · MarketWatch · May 1
Home Depot stock slides 1.50% and underperforms competitors
7 articles · Updated · MarketWatch · May 1
Shares closed at $323.88 as the S&P 500 rose 0.29% to 7,230.12 and the Dow Jones Industrial Average fell 0.31% to 49,499.27.
Home Depot finished 24.11% below its 52-week high of $426.75 reached on 17 September.
Among peers, Amazon gained 1.21%, Walmart slipped 0.25% and Lowe's fell 2.29%, leaving Home Depot's performance mixed against major retail competitors.
Can Home Depot's bet on Pro customers and tech innovation help it outpace rivals despite weak big-ticket demand and a cooling housing market?
How might the rise of DIY culture and sustainability trends reshape Home Depot’s business model and long-term growth prospects?