Shares of Home Depot (NYSE:HD) dropped 5% after reporting third-quarter results that missed expectations. Revenue of $41.35 billion met estimates, but adjusted EPS of $3.74 fell short of the consensus of $3.83. Same-store sales were flat year-on-year. The stock closed at $337.45, down 5.9%. The market reacted strongly, indicating significance. Home Depot is down 13.2% YTD and 21.8% below its 52-week high. Investors who bought 5 years ago would see a 25% return. The biggest move in the past year was a 4% gain after dovish remarks by Fed Chair Powell at Jackson Hole.

Read more at Stockstory.org – Bloomberg: Why Home Depot (HD) Stock Is Down Today