Xerox Holdings Corp. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Xerox Holdings Corp. (XRX) dropped 0.96% to $16.57 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.20% to 3,990.97 and Dow Jones Industrial Average falling 1.14% to 33,910.85. Xerox Holdings Corp. closed $7.25 short of its 52-week high ($23.82), which the company reached on January 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as International Business Machines Corp. (IBM) fell 0.48% to $145.19 and HP Inc. (HPQ) fell 1.15% to $27.59. Trading volume (1.2 M) remained 151,000 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 17, 2023.
(END) Dow Jones Newswires
January 17, 2023 17:35 ET (22:35 GMT)
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