DXC Technology Co. Stock Underperforms Thursday When Compared To Competitors
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Shares of DXC Technology Co. (DXC) shed 2.13% to $34.49 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.38% to 4,017.82 and Dow Jones Industrial Average falling 1.94% to 32,272.79. This was the stock's second consecutive day of losses. DXC Technology Co. closed $9.69 below its 52-week high ($44.18), which the company reached on August 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 2.08% to $264.79, Accenture PLC Cl A (ACN) fell 2.38% to $295.43, and International Business Machines Corp. (IBM) fell 2.04% to $137.96. Trading volume (1.5 M) remained 521,388 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 9, 2022.
(END) Dow Jones Newswires
June 09, 2022 16:49 ET (20:49 GMT)
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