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Lowe's Cos. stock rises Thursday, outperforms market

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Terrence Horan

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Shares of Lowe's Cos. LOW, +1.04% 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 SPX, -0.02% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, -0.25% 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. HD, +0.66% rose 1.71% to $344.05 and Kingfisher PLC ADR KGFHY, -1.64% fell 0.44% to $9.02. Trading volume (3.2 M) remained 402,597 below its 50-day average volume of 3.6 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.