Xerox Holdings Corp. Stock Rises Tuesday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Xerox Holdings Corp. (XRX) rose 1.30% to $16.38 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.46% to 4,076.60 and the Dow Jones Industrial Average rising 1.09% to 34,086.04. The stock's rise snapped a three-day losing streak. Xerox Holdings Corp. closed $6.87 below its 52-week high ($23.25), which the company reached on February 16th.
The stock outperformed some of its competitors Tuesday, as International Business Machines Corp. (IBM) fell 0.42% to $134.73 and HP Inc. (HPQ) rose 1.11% to $29.14. Trading volume (2.2 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 31, 2023.
(END) Dow Jones Newswires
January 31, 2023 17:33 ET (22:33 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.