Xerox Holdings Corp. Stock Outperforms Market Despite Losses On The Day

CAE Inc

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Industrials : Aerospace & Defense | Mid Cap Growth
Based in Canada

Company profile

CAE Inc. is a Canada-based technology company. The Company operates through three segments: Civil Aviation, Defense and Security, and Healthcare. The Civil Aviation training segment provides comprehensive training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training and crew sourcing services, as well as end-to-end digitally enabled crew management, training operations solutions and optimization software. The defense and Security segment provides training and simulation pure play focusing on ensuring mission readiness by integrating systems and solutions across all five domains for government organizations responsible for public safety. Healthcare segment provides healthcare students and clinical professionals innovative, integrated and virtual education and training solutions, including interventional and imaging simulations and curricular.

Xerox Holdings Corp. Stock Outperforms Market Despite Losses On The Day

5:35 pm ET December 22, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

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)