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How to buy stock in Home Depot stock

August 6, 2021 Comments Off on How to buy stock in Home Depot stock By admin

Home Depot is expected to report first-quarter earnings Thursday after the company reported better-than-expected earnings in its most recent quarter.

The stock rose 4% in after-hours trading to close at $17.10 a share, a gain of $6.37, or 3.6%.

Home Depot’s stock has been trending higher since the start of the year and has a market cap of $2.2 billion.

Home Depot stock has rallied from a year ago and the company has a long-term cash position of $9.6 billion, according to FactSet data.

The company reported an operating loss of $5.4 billion, or 7.2%, and a net loss of more than $4.9 billion, net of income taxes.

It said its quarterly net loss for the quarter would be $3.4 million.

Home Depots stock is up 21% this year, according the FactSet, and up 24% year-to-date.

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