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Shares of Host Hotels & Resorts Inc. (HST) rallied 5.22% to $20.36 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.99% to 4,057.84 and the Dow Jones Industrial Average rising 1.61% to 32,637.19. This was the stock's second consecutive day of gains. Host Hotels & Resorts Inc. closed $1.27 short of its 52-week high ($21.63), which the company reached on May 5th.
The stock outperformed some of its competitors Thursday, as Pebblebrook Hotel Trust (PEB) rose 3.12% to $21.84, RLJ Lodging Trust (RLJ) rose 1.75% to $13.38, and Diamondrock Hospitality Co. (DRH) rose 2.98% to $10.03. Trading volume (12.4 M) eclipsed its 50-day average volume of 8.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2022.
(END) Dow Jones Newswires
May 26, 2022 16:58 ET (20:58 GMT)
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