HP Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of HP Inc. (HPQ) slipped 2.24% to $28.86 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.02% to 32,661.84 and the S&P 500 Index falling 0.47% to 3,951.39. The stock's fall snapped a two-day winning streak. HP Inc. closed $12.61 short of its 52-week high ($41.47), which the company achieved on April 7th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) fell 1.42% to $145.31 and Dell Technologies Inc. Cl C (DELL) fell 0.49% to $40.44. Trading volume (10.3 M) eclipsed its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 1, 2023.
(END) Dow Jones Newswires
March 01, 2023 17:00 ET (22:00 GMT)
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