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Shares of Host Hotels & Resorts Inc. (HST) slipped 4.58% to $19.77 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 4.04% to 3,923.68 and Dow Jones Industrial Average falling 3.57% to 31,490.07. The stock's fall snapped a three-day winning streak. Host Hotels & Resorts Inc. closed $1.86 below its 52-week high ($21.63), which the company achieved on May 5th.
The stock underperformed when compared to some of its competitors Wednesday, as Pebblebrook Hotel Trust (PEB) fell 3.86% to $22.44, RLJ Lodging Trust (RLJ) fell 2.80% to $13.55, and Diamondrock Hospitality Co. (DRH) fell 2.32% to $10.09. Trading volume (10.3 M) eclipsed its 50-day average volume of 8.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2022.
(END) Dow Jones Newswires
May 18, 2022 16:58 ET (20:58 GMT)
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