HP Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of HP Inc. (HPQ) sank 0.49% to $30.56 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.12% to 4,145.58 and Dow Jones Industrial Average falling 0.69% to 33,055.51.
HP Inc. closed $10.23 short of its 52-week high ($40.79), which the company reached on June 1st.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Apple Inc. (AAPL) fell 1.52% to $171.56 and Dell Technologies Inc. Cl C (DELL) fell 2.50% to $46.35.
Trading volume (5.1 M) remained 1.1 million below its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2023.
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May 23, 2023 17:00 ET (21:00 GMT)
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