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Shares of Host Hotels & Resorts Inc. (HST) rose 2.50% to $17.61 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.46% to 3,789.99 and the Dow Jones Industrial Average rising 1.00% to 30,668.53. This was the stock's second consecutive day of gains. Host Hotels & Resorts Inc. closed $4.02 short of its 52-week high ($21.63), which the company reached on May 5th.
The stock underperformed when compared to some of its competitors Wednesday, as Pebblebrook Hotel Trust (PEB) rose 3.17% to $19.86, RLJ Lodging Trust (RLJ) rose 4.01% to $12.18, and Diamondrock Hospitality Co. (DRH) rose 4.05% to $9.24. Trading volume (7.7 M) remained 1.4 million below its 50-day average volume of 9.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 15, 2022.
(END) Dow Jones Newswires
June 15, 2022 16:58 ET (20:58 GMT)
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