Xerox Holdings Corp. Stock Falls Monday, Underperforms Market
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Shares of Xerox Holdings Corp. (XRX) slipped 1.30% to $16.74 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,111.08 and Dow Jones Industrial Average falling 0.10% to 33,891.02. The stock's fall snapped a four-day winning streak. Xerox Holdings Corp. closed $6.51 short of its 52-week high ($23.25), which the company reached on February 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as International Business Machines Corp. (IBM) fell 0.55% to $136.18 and HP Inc. (HPQ) fell 2.43% to $29.77. Trading volume (1.1 M) remained 456,131 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 6, 2023.
(END) Dow Jones Newswires
February 06, 2023 17:34 ET (22:34 GMT)
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