Xerox Holdings Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Xerox Holdings Corp. (XRX) shed 2.24% to $14.37 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.20% to 3,783.22 and Dow Jones Industrial Average falling 1.10% to 32,875.71. Xerox Holdings Corp. closed $9.77 below its 52-week high ($24.14), which the company reached on January 5th.
The stock underperformed when compared to some of its competitors Wednesday, as International Business Machines Corp. (IBM) fell 1.69% to $140.02 and HP Inc. (HPQ) fell 1.96% to $26.54. Trading volume (1.2 M) remained 505,271 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 28, 2022.
(END) Dow Jones Newswires
December 28, 2022 17:35 ET (22:35 GMT)
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