Shares of HP Inc. HPQ, -2.24% shed 2.24% to $27.91 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.40% rising 0.40% to 3,999.09 and the Dow Jones Industrial Average DJIA, +0.33% rising 0.33% to 34,302.61. This was the stock’s third consecutive day of losses. HP Inc. closed $13.56 below its 52-week high ($41.47), which the company reached on April 7th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. AAPL, +1.01% rose 1.01% to $134.76 and Dell Technologies Inc. Cl C DELL, +0.63% rose 0.63% to $40.18. Trading volume (7.3 M) remained 248,505 below its 50-day average volume of 7.6 M.