Xerox Holdings Corp. Stock Falls Monday, Underperforms Market
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Shares of Xerox Holdings Corp. (XRX) slipped 1.10% to $16.23 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.08% to 3,892.09 and Dow Jones Industrial Average falling 0.34% to 33,517.65. The stock's fall snapped a six-day winning streak. Xerox Holdings Corp. closed $7.84 below its 52-week high ($24.07), which the company reached on January 13th.
The stock underperformed when compared to some of its competitors Monday, as International Business Machines Corp. (IBM) fell 0.10% to $143.55 and HP Inc. (HPQ) rose 0.99% to $28.64. Trading volume (1.3 M) remained 73,125 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 9, 2023.
(END) Dow Jones Newswires
January 09, 2023 17:34 ET (22:34 GMT)
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