Xerox Holdings Corp. Stock Outperforms Market Despite Losses On The Day
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Shares of Xerox Holdings Corp. (XRX) slid 1.28% to $14.66 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,822.39 and Dow Jones Industrial Average falling 1.05% to 33,027.49. The stock's fall snapped a two-day winning streak. Xerox Holdings Corp. closed $9.48 below its 52-week high ($24.14), which the company achieved on January 5th.
The stock underperformed when compared to some of its competitors Thursday, as International Business Machines Corp. (IBM) fell 0.89% to $140.88 and HP Inc. (HPQ) fell 0.11% to $26.66. Trading volume (853,570) remained 887,620 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 22, 2022.
(END) Dow Jones Newswires
December 22, 2022 17:35 ET (22:35 GMT)
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