HP Inc. Stock Falls Friday, Underperforms Market
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Shares of HP Inc. (HPQ) slipped 1.67% to $28.90 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.16% to 4,124.08 and Dow Jones Industrial Average falling 0.03% to 33,300.62.
This was the stock's third consecutive day of losses.
HP Inc. closed $11.89 below its 52-week high ($40.79), which the company achieved on June 1st.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. (AAPL) fell 0.54% to $172.57 and Dell Technologies Inc. Cl C (DELL) rose 0.13% to $44.76.
Trading volume (7.3 M) eclipsed its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2023.
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May 12, 2023 17:00 ET (21:00 GMT)
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