Home Depot Stock Is Gaining as Earnings Show People Are Still Fixing Up Homes – Barrons

Shares of Home Depot rose Tuesday after the company reported third-quarter earnings that beat expectations thanks to continued demand for home improvement amid a strong housing market.

Shares of the the No. 1 home-improvement retailer were up more than 5% to $391.45 on Tuesday afternoon after the company said on an earnings call with investors that they will continue to focus on meeting demand and don’t anticipate it slowing down anytime soon.

“Demand…

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