Host Hotels & Resorts Inc. Stock Rises Wednesday, Outperforms Market
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Shares of Host Hotels & Resorts Inc. (HST) advanced 4.31% to $19.35 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.95% to 3,978.73 and the Dow Jones Industrial Average rising 0.60% to 32,120.28. Host Hotels & Resorts Inc. closed $2.28 short of its 52-week high ($21.63), which the company reached on May 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Pebblebrook Hotel Trust (PEB) rose 3.57% to $21.18, RLJ Lodging Trust (RLJ) rose 5.88% to $13.15, and Diamondrock Hospitality Co. (DRH) rose 3.73% to $9.74. Trading volume (9.6 M) eclipsed its 50-day average volume of 8.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 2022.
(END) Dow Jones Newswires
May 25, 2022 16:58 ET (20:58 GMT)
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