Xerox Holdings Corp. Stock Rises Monday, Still Underperforms Market
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Shares of Xerox Holdings Corp. (XRX) inched 0.24% higher to $17.05 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,019.81 and the Dow Jones Industrial Average rising 0.76% to 33,629.56. This was the stock's second consecutive day of gains. Xerox Holdings Corp. closed $6.20 short of its 52-week high ($23.25), which the company achieved on February 16th.
The stock underperformed when compared to some of its competitors Monday, as International Business Machines Corp. (IBM) rose 0.47% to $141.86 and HP Inc. (HPQ) rose 2.47% to $28.60. Trading volume (2.4 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 23, 2023.
(END) Dow Jones Newswires
January 23, 2023 17:35 ET (22:35 GMT)
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