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Why Home Depot Stock Jumped Today

TheMotleyFool

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Shares of Home Depot (NYSE: HD) popped today after the company reported better-than-expected second-quarter results and reaffirmed its full-year guidance.

The home improvement retail stock was up by as much as 5.8% today and had gained 4.1% as of 3:38 p.m. ET.

Investors were happy with Home Depot's second-quarter revenue, which increased 6.5% from the year-ago quarter to $43.8 billion and beat analysts' consensus estimate of $43.4 billion.

Source Fool.com

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