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Shares of HP Inc. (HPQ) slipped 6.05% to $29.06 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,179.83 and Dow Jones Industrial Average falling 0.41% to 32,908.27.
This was the stock's second consecutive day of losses.
HP Inc. closed $11.73 below its 52-week high ($40.79), which the company reached on June 1st.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) fell 0.03% to $177.25 and Dell Technologies Inc. Cl C (DELL) fell 5.30% to $44.81.
Trading volume (30.7 M) eclipsed its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2023.
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May 31, 2023 17:00 ET (21:00 GMT)
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