Host Hotels & Resorts Inc. Stock Falls Wednesday, Still Outperforms Market
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Shares of Host Hotels & Resorts Inc. (HST) shed 1.04% to $20.94 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.08% to 4,115.77 and Dow Jones Industrial Average falling 0.81% to 32,910.90. Host Hotels & Resorts Inc. closed $0.69 short of its 52-week high ($21.63), which the company achieved on May 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Pebblebrook Hotel Trust (PEB) fell 1.03% to $23.91, RLJ Lodging Trust (RLJ) remained unchanged, and Diamondrock Hospitality Co. (DRH) fell 1.09% to $10.88. Trading volume (5.8 M) remained 3.4 million below its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 8, 2022.
(END) Dow Jones Newswires
June 08, 2022 16:58 ET (20:58 GMT)
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