HP Inc. Stock Advances 6.9%, Outperforms Peers

Dow Jones08-14

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of HP Inc. rose 6.9% to $31.30 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,798.99 and the Dow Jones Industrial Average rising 0.1% to 53,839.99.

This was the stock's second consecutive day of gains.

HP Inc. hit a new 52-week high, surpassing its previous peak of $30.87, which the company reached on August 10th.

The stock outperformed some of its peers, as Apple Inc. rose 1.0% to $305.26, Dell Technologies Inc. Cl C rose 2.1% to $494.51, and Hewlett Packard Enterprise Co. rose 1.75% to $59.82.

Trading volume totaled 23.4 million, compared to the 50-day average of 16.0 million.

Data source: Dow Jones Market Data, FactSet

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