Is Lowe's Companies (LOW) Still Below Fair Value On Its Drone Delivery Launch?

Lowe's Companies (LOW) has started drone delivery from its Matthews, North Carolina store, offering selected home improvement and household items in as little as 20 minutes through partners Wing and DoorDash. The drone pilot lands at a time when Lowe's Companies shares have been under pressure, with the 30-day share price return down 8.83% and the year-to-date share price return down 26.13%, while the 1-year total shareholder return has declined 24.75%. This points to fading momentum despite...