HP Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of HP Inc. (HPQ) slid 2.29% to $27.66 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.53% to 3,986.37 and Dow Jones Industrial Average falling 1.72% to 32,856.46. This was the stock's fifth consecutive day of losses. HP Inc. closed $13.81 short of its 52-week high ($41.47), which the company reached on April 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Apple Inc. (AAPL) fell 1.45% to $151.60 and Dell Technologies Inc. Cl C (DELL) fell 2.74% to $38.00. Trading volume (8.3 M) eclipsed its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2023.
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March 07, 2023 17:00 ET (22:00 GMT)
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