Shares of Xerox Holdings Corp. XRX, -1.95% slid 1.95% to $14.56 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.30% rising 0.30% to 3,948.72 and the Dow Jones Industrial Average DJIA, +0.23% rising 0.23% to 32,105.25. This was the stock’s second consecutive day of losses. Xerox Holdings Corp. closed $6.43 below its 52-week high ($20.99), which the company reached on March 29th.
The stock underperformed when compared to some of its competitors Thursday, as International Business Machines Corp. IBM, -0.55% fell 0.55% to $123.37 and HP Inc. HPQ, -0.47% fell 0.47% to $27.72. Trading volume (1.3 M) remained 4,407 below its 50-day average volume of 1.3 M.