Xerox Holdings Corp. Stock Outperforms Market On Strong Trading Day

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Consumer Discretionary : Internet & Direct Marketing Retail | Small Cap Growth

Company profile

Boxed, Inc. (Boxed) operates an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers. Boxed operates an e-commerce retail service that provides bulk pantry consumables to businesses and household customers, without the requirement of a big-box store membership. Boxed further enables e-commerce through its Software & Services business, which offers customers in need of an enterprise-level e-commerce platform access to its end-to-end technology.

Xerox Holdings Corp. Stock Outperforms Market On Strong Trading Day

5:35 pm ET January 4, 2023 (MarketWatch) Print

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

Shares of Xerox Holdings Corp. (XRX) rallied 2.58% to $15.48 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.75% to 3,852.97 and the Dow Jones Industrial Average rising 0.40% to 33,269.77. This was the stock's fourth consecutive day of gains. Xerox Holdings Corp. closed $8.66 below its 52-week high ($24.14), which the company achieved on January 5th.

The stock outperformed some of its competitors Wednesday, as International Business Machines Corp. (IBM) rose 0.74% to $142.60 and HP Inc. (HPQ) rose 1.76% to $27.22. Trading volume (1.4 M) remained 292,931 below its 50-day average volume of 1.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 4, 2023.

(END) Dow Jones Newswires

January 04, 2023 17:35 ET (22:35 GMT)