HP Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of HP Inc. (HPQ) slid 1.57% to $29.39 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.17% to 4,130.62 and Dow Jones Industrial Average falling 0.66% to 33,309.51.
This was the stock's second consecutive day of losses.
HP Inc. closed $11.40 short of its 52-week high ($40.79), which the company achieved on June 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. (AAPL) rose 0.11% to $173.75 and Dell Technologies Inc. Cl C (DELL) fell 2.47% to $44.70.
Trading volume (5.6 M) remained 901,253 below its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2023.
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May 11, 2023 17:01 ET (21:01 GMT)
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