Xerox Holdings Corp. Stock Falls Friday, Underperforms Market

Olympic Steel Inc

Change company Symbol lookup

Select an option...

ZEUS Olympic Steel Inc

EJH E-Home Household Service Holdings Ltd

AMZN Amazon.com Inc

BGTTF Goat Industries Ltd

BRDS Bird Global Inc

GHM Graham Corp

DRMA Dermata Therapeutics Inc

VGAS Verde Clean Fuels Inc

CURV Torrid Holdings Inc

INTC Intel Corp

Materials : Metals & Mining | Small Cap Growth

Company profile

Olympic Steel, Inc. is a metals service center company. The Company provides metals processing and distribution services to a range of customers. It operates through three segments: specialty metals flat products, carbon flat products, and tubular and pipe products. Specialty metals flat products segment is engaged in the direct sale and distribution of processed aluminum and stainless flat-rolled sheet and coil products, flat bar products, prime tin mill products and fabricated parts. Carbon flat products segment is engaged in the direct sale and distribution of large volumes of processed carbon and coated flat-rolled sheet, coil and plate products and fabricated parts. Tubular and pipe products segment distribute metal tubing, pipe, bar, valve and fittings and fabricates pressure parts supplied to various industrial markets. The tubular and pipe products segment consist of the Chicago Tube and Iron, or CTI, business. CTI operates in the Midwestern and south-eastern United States.

Xerox Holdings Corp. Stock Falls Friday, Underperforms Market

5:34 pm ET December 23, 2022 (MarketWatch) Print

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

Shares of Xerox Holdings Corp. (XRX) sank 0.34% to $14.61 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.59% to 3,844.82 and the Dow Jones Industrial Average rising 0.53% to 33,203.93. This was the stock's second consecutive day of losses. Xerox Holdings Corp. closed $9.53 short of its 52-week high ($24.14), which the company reached on January 5th.

The stock underperformed when compared to some of its competitors Friday, as International Business Machines Corp. (IBM) rose 0.55% to $141.65 and HP Inc. (HPQ) rose 0.38% to $26.76. Trading volume (725,577) remained 1.0 million below its 50-day average volume of 1.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2022.

(END) Dow Jones Newswires

December 23, 2022 17:34 ET (22:34 GMT)