HP Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of HP Inc. (HPQ) slid 1.54% to $29.40 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.72% to 4,061.22 and Dow Jones Industrial Average falling 0.86% to 33,127.74.
This was the stock's second consecutive day of losses.
HP Inc. closed $11.39 below its 52-week high ($40.79), which the company reached on June 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. (AAPL) fell 0.99% to $165.79 and Dell Technologies Inc. Cl C (DELL) fell 2.17% to $44.18.
Trading volume (4.8 M) remained 2.0 million below its 50-day average volume of 6.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2023.
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May 04, 2023 17:00 ET (21:00 GMT)
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