Lowe's Cos. closed 8.95% short of its 52-week high of $287.01, which the company reached on October 15th.

The move adds to the home improvement retailer’s delivery capabilities, which also include a tie-up with Instacart.

Home Depot is expected to outcompete Lowe's in 4Q with stabilizing consumer trends, advanced tech, and its SRS acquisition.

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