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Shares of Host Hotels & Resorts Inc. (HST) shed 8.10% to $17.13 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 3.88% to 3,749.63 and Dow Jones Industrial Average falling 2.79% to 30,516.74. This was the stock's fourth consecutive day of losses. Host Hotels & Resorts Inc. closed $4.50 short of its 52-week high ($21.63), which the company reached on May 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Pebblebrook Hotel Trust (PEB) fell 8.07% to $19.48, RLJ Lodging Trust (RLJ) fell 9.63% to $11.45, and Diamondrock Hospitality Co. (DRH) fell 9.02% to $8.77. Trading volume (12.2 M) eclipsed its 50-day average volume of 9.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 13, 2022.
(END) Dow Jones Newswires
June 13, 2022 16:58 ET (20:58 GMT)
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