HP Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of HP Inc. (HPQ) shed 1.42% to $29.86 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.45% to 4,137.64 and the Dow Jones Industrial Average falling 0.09% to 33,531.33.
The stock's fall snapped a three-day winning streak.
HP Inc. closed $10.93 below its 52-week high ($40.79), which the company achieved on June 1st.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) rose 1.04% to $173.56 and Dell Technologies Inc. Cl C (DELL) fell 0.33% to $45.83.
Trading volume (5.7 M) remained 925,829 below its 50-day average volume of 6.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2023.
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May 10, 2023 17:00 ET (21:00 GMT)
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