Why Lowe’s Stock Was Up 13% in the First Half of 2020
Lowe's (NYSE: LOW) is beating a down market this year. Lowe's had been down over 40% by mid-March, but shares have rallied to roughly match the gain of peer Home Depot. Like its larger rival, Lowe's kept its stores open through the early phases of the COVID-19 pandemic, and that allowed it to tap into surging demand as consumers prioritized home improvement projections during shelter-in-place orders.