DXC Technology Co. Stock Falls Thursday, Underperforms Market
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Shares of DXC Technology Co. DXC slid 0.82% to $30.29 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.95% to 3,795.73 and the Dow Jones Industrial Average DJIA rising 0.64% to 30,677.36. This was the stock's second consecutive day of losses. DXC Technology Co. closed $13.89 short of its 52-week high ($44.18), which the company reached on August 3rd.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. MSFT rose 2.26% to $258.86, Accenture PLC Cl A ACN fell 0.20% to $285.83, and International Business Machines Corp. IBM rose 0.99% to $138.44. Trading volume (834,850) remained 1.2 million below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 23, 2022.
(END) Dow Jones Newswires
June 23, 2022 16:49 ET (20:49 GMT)
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