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Thursday, February 20, 2020
HomeNewsCompaniesHome Depot Shares Drag Down the Dow

Home Depot Shares Drag Down the Dow

A flag waves in the wind in front of the Home Depot Inc. store location in Evanston, Illinois, on May 19, 2014. (Photo: Reuters)
A flag waves in the wind in front of the Home Depot Inc. store location in Evanston, Illinois, on May 19, 2014. (Photo: Reuters)

A flag waves in the wind in front of the Home Depot Inc. store location in Evanston, Illinois, on May 19, 2014. (Photo: Reuters)

Home Depot Inc. (NYSE:HD) shares closed -4.09%, falling 6.27 points to $147.03 per share during the trading session on Monday. The clear decline for unclear reasons weighed down the Dow Jones Industrial Average (INDEXDJX:.DJI).

The blue chip index closed -28.97 points, or -0.13% to 21,611.78.

The decline comes as Sears Holdings Corp (NASDAQ:SHLD) announced an agreement to sell its signature Kenmore appliances on Amazon.com Inc (NASDAQ:AMZN). Shares were up 18% before settling at a 0.92-point gain, or 10.6% to $9.60 per share.

Meanwhile, shares of Amazon rose 0.18%, or 1.83 to $1,028.70 per share.

Written by
Data Journalism Editor

Rich, the People's Pundit, is the Data Journalism Editor at PPD and Director of the PPD Election Projection Model. He is also the Director of Big Data Poll, and author of "Our Virtuous Republic: The Forgotten Clause in the American Social Contract."

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