DJ Hewlett Packard Enterprise Co. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Hewlett Packard Enterprise Co. $(HPE)$ slid 1.63% to $21.18 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
The stock's fall snapped a two-day winning streak.
Hewlett Packard Enterprise Co. closed $1.64 short of its 52-week high ($22.82), which the company achieved on June 18th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ rose 0.32% to $229.00, Microsoft Corp. $(MSFT)$ fell 0.55% to $415.49, and Cisco Systems Inc. $(CSCO)$ rose 0.86% to $57.50.
Trading volume (10.3 M) remained 4.5 million below its 50-day average volume of 14.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:30 ET (21:30 GMT)
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