HP Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of HP Inc. (HPQ) slid 0.47% to $27.72 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.30% to 3,948.72 and the Dow Jones Industrial Average rising 0.23% to 32,105.25. This was the stock's second consecutive day of losses. HP Inc. closed $13.75 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 Thursday, as Apple Inc. (AAPL) rose 0.70% to $158.93 and Dell Technologies Inc. Cl C (DELL) fell 0.68% to $37.82. Trading volume (5.7 M) remained 848,315 below its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 23, 2023.
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March 23, 2023 17:00 ET (21:00 GMT)
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