HP Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of HP Inc. (HPQ) slid 2.66% to $27.85 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,936.97 and Dow Jones Industrial Average falling 1.63% to 32,030.11. The stock's fall snapped a two-day winning streak. HP Inc. closed $13.62 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 Wednesday, as Apple Inc. (AAPL) fell 0.91% to $157.83 and Dell Technologies Inc. Cl C (DELL) fell 2.73% to $38.08. Trading volume (5.2 M) remained 1.3 million below its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 22, 2023.
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March 22, 2023 17:00 ET (21:00 GMT)
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