HP Inc. Stock Falls Tuesday, Underperforms Market
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Shares of HP Inc. (HPQ) slid 1.18% to $30.93 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 4,205.52 and the Dow Jones Industrial Average falling 0.15% to 33,042.78.
The stock's fall snapped a two-day winning streak.
HP Inc. closed $9.86 below 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 Tuesday, as Apple Inc. (AAPL) rose 1.07% to $177.30 and Dell Technologies Inc. Cl C (DELL) fell 2.45% to $47.32.
Trading volume (10.2 M) eclipsed its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 30, 2023.
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May 30, 2023 17:00 ET (21:00 GMT)
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