HP Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of HP Inc. (HPQ) slipped 1.58% to $27.45 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,861.59 and Dow Jones Industrial Average falling 1.07% to 31,909.64. This was the stock's second consecutive day of losses. HP Inc. closed $14.02 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 Friday, as Apple Inc. (AAPL) fell 1.39% to $148.50 and Dell Technologies Inc. Cl C (DELL) fell 2.86% to $36.72. Trading volume (6.9 M) eclipsed its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2023.
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March 10, 2023 17:00 ET (22:00 GMT)
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