LOW Oct 2024 390.000 call
| Previous Close | 0.0100 |
| Open | 0.0100 |
| Bid | 0.0000 |
| Ask | 0.0300 |
| Strike | 390.00 |
| Expire Date | 2024-10-18 |
| Day's Range | 0.0100 - 0.0100 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 25 |
- Yahoo Finance Video
Hurricane Milton damages could top $121B. What it means for retailers
Hurricane Milton is bearing down on Florida as the storm is forecasted to make landfall on the state's Gulf Coast Wednesday night. Initially raised to a Category 5 in days prior, Milton has been downgraded back to a Category 4 as it nears Florida. Tampa Electric CEO and President Archie Collins told Yahoo Finance its grid restoration effort will be the "the biggest in in our history" in the wake of Milton. In 2022, Hurricane Ian did "$121 billion [in damages] and it only hit Fort Myers and swampland. [Milton] is hitting Tampa, Sarasota, Disney, Cape Canaveral, I mean this is hitting a lot of assets. So we're projecting at least $121 billion [in damages]," Weather Trends International Founder and CEO Bill Kirk tells Madison Mills and Seana Smith on Catalysts. Weather Trends International is a private company that provides weather coverage and guidance to clients such as major retailers, manufacturers, and agricultural producers. Kirk comments on what Hurricane Milton and its subsequent damages could mean for home improvement retailers such as Lowe's (LOW), Home Depot (HD), and Tractor Supply Company (TSCO), and Weather Trends International's findings on this year's weather and climate patterns. "Q4 we think is very strong. We have a very cooler, wetter, snowier La Niña-type winter, so we think it'll be stronger. Last year was the hottest in history right, so the sales were delayed until the polar vortex hit in January last year. This year you're moving all those sales up at full price full margin product," Kirk says on weather predictions. "So we're very bullish on Q4 and then we have a train wreck in 2025. I mean, we have cold wet spring, we have snow in April..." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Home Depot, Lowe's, Southwest Airlines, Chewy: Calls in focus
Morning Brief Hosts Seana Smith and Brad Smith dive into analyst calls moving stocks on Wednesday morning. Loop Capital upgrades home improvement retailers Home Depot (HD) and Lowe's (LOW) to Buy from Hold. The analyst behind the callays s the demand for home improvement remains robust, while the recent slew of hurricanes and extreme weather events would only be a momentary detractor. Jefferies upgrades Southwest Airlines (LUV) to Hold from Underperform, saying that the airline operator is taking the right steps to reach profitability. Finally, TD Cowen initiates coverage on Chewy (CHWY), giving the pet supplies company a Buy rating and a $38 per share price target. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Melanie Riehl
ZacksLowe's (LOW) Exceeds Market Returns: Some Facts to Consider
Lowe's (LOW) reachead $273.27 at the closing of the latest trading day, reflecting a +1.76% change compared to its last close.
