Why Home Depot Stock Dropped 13% in April

It's operating in a tough environment.Home improvement chain Home Depot (HD -0.67%) stock fell 12% in April according to data provided by S&P Global Market Intelligence. It's been struggling through inflation and a suppressed housing market, and it's expecting pressure in 2024.This is not Home Depot's momentHome Depot is the largest home improvement chain in the world, with more than 2,300 stores in the U.S., Canada, and Mexico. It typically enjoys the growth that comes with being the established leader in ...