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Shares of HP Inc. (HPQ) rose 2.48% to $30.13 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.85% to 4,136.25 and the Dow Jones Industrial Average rising 1.65% to 33,674.38.
The stock's rise snapped a two-day losing streak.
HP Inc. closed $10.66 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) rose 4.69% to $173.57 and Dell Technologies Inc. Cl C (DELL) rose 2.74% to $45.39.
Trading volume (4.6 M) remained 2.2 million below its 50-day average volume of 6.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 5, 2023.
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May 05, 2023 17:01 ET (21:01 GMT)
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