DXC Technology Co. Stock Falls Friday, Underperforms Market
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Shares of DXC Technology Co. (DXC) shed 5.07% to $32.74 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.91% to 3,900.86 and Dow Jones Industrial Average falling 2.73% to 31,392.79. This was the stock's third consecutive day of losses. DXC Technology Co. closed $11.44 below its 52-week high ($44.18), which the company achieved on August 3rd.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) fell 4.46% to $252.99, Accenture PLC Cl A (ACN) fell 3.19% to $286.01, and International Business Machines Corp. (IBM) fell 1.28% to $136.19. Trading volume (1.5 M) remained 483,459 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 10, 2022.
(END) Dow Jones Newswires
June 10, 2022 16:49 ET (20:49 GMT)
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