HP Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of HP Inc. (HPQ) slumped 0.95% to $28.04 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.10% to 3,916.64 and Dow Jones Industrial Average falling 1.19% to 31,861.98. The stock's fall snapped a three-day winning streak. HP Inc. closed $13.43 below its 52-week high ($41.47), which the company achieved on April 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc. (AAPL) fell 0.55% to $155.00 and Dell Technologies Inc. Cl C (DELL) fell 2.18% to $37.22. Trading volume (24.0 M) eclipsed its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2023.
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March 17, 2023 16:59 ET (20:59 GMT)
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