Zebra Technologies Corp. Cl A Stock Falls Tuesday, Underperforms Market
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Shares of Zebra Technologies Corp. Cl A (ZBRA) plunged 15.86% to $238.30 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.41% to 3,856.10 and Dow Jones Industrial Average falling 0.24% to 32,653.20. This was the stock's second consecutive day of losses. Zebra Technologies Corp. Cl A closed $376.70 below its 52-week high ($615.00), which the company reached on December 10th.
The stock underperformed when compared to some of its competitors Tuesday, as Danaher Corp. (DHR) rose 1.65% to $255.82, Hitachi Ltd. ADR (6501.TO) rose 4.46% to $94.67, and HP Inc. (HPQ) rose 0.83% to $27.85. Trading volume (1.8 M) eclipsed its 50-day average volume of 401,342.
Data source: Dow Jones Market Data, FactSet. Data compiled November 1, 2022.
(END) Dow Jones Newswires
November 01, 2022 17:33 ET (21:33 GMT)
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