DJ HP Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of HP Inc. $(HPQ)$ rose 1.61% to $36.58 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.71% to 5,792.04 and the Dow Jones Industrial Average rising 1.03% to 42,512.00.
This was the stock's second consecutive day of gains.
HP Inc. closed $2.94 short of its 52-week high ($39.52), which the company reached on May 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ rose 1.67% to $229.54 and Dell Technologies Inc. Cl C $(DELL)$ rose 0.34% to $122.34.
Trading volume (5.4 M) remained 2.7 million below its 50-day average volume of 8.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 9, 2024.
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October 09, 2024 17:00 ET (21:00 GMT)
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