Host Hotels & Resorts Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Host Hotels & Resorts Inc. HST slipped 2.21% to $15.47 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.36% to 3,845.08 and the Dow Jones Industrial Average DJIA rising 0.23% to 31,037.68. The stock's fall snapped a two-day winning streak. Host Hotels & Resorts Inc. closed $6.16 short of its 52-week high ($21.63), which the company achieved on May 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Pebblebrook Hotel Trust PEB fell 1.94% to $16.67, RLJ Lodging Trust RLJ fell 2.25% to $10.87, and Diamondrock Hospitality Co. DRH fell 2.06% to $8.07. Trading volume (6.8 M) remained 3.3 million below its 50-day average volume of 10.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 6, 2022.
(END) Dow Jones Newswires
July 06, 2022 16:58 ET (20:58 GMT)
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