Shares of Lowe's Cos.
rose 2.04% to $216.45 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
rising 1.56% to 34,912.56. This was the stock's fourth consecutive day of gains. Lowe's Cos. hit a new 52-week high, surpassing its previous peak of $215.22, which the company reached on May 10th.
The stock outperformed some of its competitors Thursday, as Home Depot Inc.
rose 1.71% to $344.05 and Kingfisher PLC ADR
fell 0.44% to $9.02. Trading volume (3.2 M) remained 402,597 below its 50-day average volume of 3.6 M.