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Why Home Depot Stock Was Trading Higher Today

TheMotleyFool

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Why Home Depot Stock Was Trading Higher Today

Shares of Home Depot (NYSE: HD) were up as high as 6% in early trading on Tuesday, after the company reported better-than-expected earnings results for its fiscal first quarter ended May 1.

After giving back some of those gains, the stock was up 0.65% as of 10:19 a.m. ET. Year to date, it's down 28.6%, which underperforms the S&P 500's slide of 14.7% over the same period.