Host Hotels & Resorts Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Host Hotels & Resorts Inc. (HST) slipped 6.38% to $18.64 Friday, on what proved to be an all-around grim 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. Host Hotels & Resorts Inc. closed $2.99 below its 52-week high ($21.63), which the company achieved on May 5th.
Despite its losses, the stock outperformed some of its competitors Friday, as Pebblebrook Hotel Trust (PEB) fell 7.22% to $21.19, RLJ Lodging Trust (RLJ) fell 7.11% to $12.67, and Diamondrock Hospitality Co. (DRH) fell 7.22% to $9.64.true Trading volume (11.4 M) eclipsed its 50-day average volume of 9.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 10, 2022.
(END) Dow Jones Newswires
June 10, 2022 16:58 ET (20:58 GMT)
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