Host Hotels & Resorts Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Host Hotels & Resorts Inc. HST inched 0.19% higher to $15.71 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.06% to 3,825.33 and the Dow Jones Industrial Average DJIA rising 1.05% to 31,097.26. The stock's rise snapped a two-day losing streak. Host Hotels & Resorts Inc. closed $5.92 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 Friday, as Pebblebrook Hotel Trust PEB rose 1.45% to $16.81, RLJ Lodging Trust RLJ rose 0.27% to $11.06, and Diamondrock Hospitality Co. DRH fell 0.12% to $8.20. Trading volume (6.3 M) remained 4.0 million below its 50-day average volume of 10.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 1, 2022.
(END) Dow Jones Newswires
July 01, 2022 16:58 ET (20:58 GMT)
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