HP Inc. Stock Rises Thursday, Outperforms Market
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Shares of HP Inc. (HPQ) rose 1.24% to $29.42 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
The stock's rise snapped a two-day losing streak.
HP Inc. closed $11.17 below its 52-week high ($40.59), which the company reached on June 6th.
The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. (AAPL) rose 1.60% to $180.09 and Dell Technologies Inc. Cl C (DELL) rose 1.45% to $45.46.
Trading volume (15.6 M) eclipsed its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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June 01, 2023 17:00 ET (21:00 GMT)
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