Xerox Holdings Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Xerox Holdings Corp. (XRX) inched 0.95% higher to $14.85 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.49% to 3,878.44 and the Dow Jones Industrial Average rising 1.60% to 33,376.48. This was the stock's second consecutive day of gains. Xerox Holdings Corp. closed $9.29 short of its 52-week high ($24.14), which the company achieved on January 5th.
The stock outperformed some of its competitors Wednesday, as International Business Machines Corp. (IBM) rose 0.61% to $142.14 and HP Inc. (HPQ) rose 0.30% to $26.69. Trading volume (1.0 M) remained 726,072 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 21, 2022.
(END) Dow Jones Newswires
December 21, 2022 17:36 ET (22:36 GMT)
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