Home Depot Stock Gains Amid Unexpected Halloween Decor Competition
Home Depot shares ROSE over 2% in Thursday trading despite emerging competition in seasonal decorations. The home improvement giant faces an unlikely rival in discount grocer Aldi, which offers a comparable Halloween inflatable spider at a quarter of Home Depot's price.
Aldi's Four Foot Halloween Inflatable Spider retails for $12.99 with built-in LED lighting and self-inflating features, undercutting Home Depot's larger but more expensive offering. The market shrugged off this niche competition, focusing instead on Home Depot's broader home improvement dominance.