Xerox Holdings Corp. Stock Falls Friday, Underperforms Market
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)
Copyright (c) 2022 Dow Jones & Company, Inc.