Host Hotels & Resorts Inc. Stock Rises Tuesday, Outperforms Market
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Shares of Host Hotels & Resorts Inc. (HST) advanced 2.68% to $20.72 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.02% to 4,088.85 and the Dow Jones Industrial Average rising 1.34% to 32,654.59. This was the stock's third consecutive day of gains. Host Hotels & Resorts Inc. closed $0.91 short of its 52-week high ($21.63), which the company reached on May 5th.
The stock underperformed when compared to some of its competitors Tuesday, as Pebblebrook Hotel Trust (PEB) rose 3.78% to $23.34, RLJ Lodging Trust (RLJ) rose 4.03% to $13.94, and Diamondrock Hospitality Co. (DRH) rose 4.66% to $10.33. Trading volume (8.4 M) remained 261,119 below its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2022.
(END) Dow Jones Newswires
May 17, 2022 16:58 ET (20:58 GMT)
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