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Lowe's Cos. (LOW) Posted Gains After CEO Retired

Lowe's Cos. (LOW) announced Monday morning that Robert Niblock plans to retire as chairman, president and CEO.

Lowe's gapped open sharply higher Tuesday, but traded in a range for the bulk of the session. The stock closed up by 5.53 at $89.30 on above average volume. Lowe's broke out to over a 3-week high.

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