Tue. May 28th, 2024
  • Shares of DXC Technology Co. fell by 1.00% on Friday, underperforming the market
  • The stock closed at $24.72, snapping a two-day winning streak
  • The company’s shares are currently $5.55 short of its 52-week high
  • Trading volume of the stock was significantly higher than its 50-day average volume

DXC Technology Co.’s stocks faced a downturn on Friday, with a 1.00% decrease which led the company to underperform in the stock market. The shares of DXC Technology Co. closed at $24.72, ending a two-day winning streak. Despite the current loss, the company’s shares remain in a strong position as they are currently only $5.55 short of its 52-week high, which was achieved earlier in the year on February 2nd.

Compared to some of its competitors, DXC Technology Co. underperformed on Friday. Accenture PLC Cl A, for instance, saw its stock rise by 0.41% to $344.15. The trading volume for DXC Technology Co., however, was noticeably high. The volume, standing at 16.2 million, greatly eclipsed the 50-day average volume of 2.8 million.

It’s worth noting that this observed mixed trading session occurred in the context of a mixed overall market performance. Specifically, the Dow Jones Industrial Average rose by 0.15% to 37,305.16, while the S&P 500 Index fell slightly by 0.01% to 4,719.19.

The information provided herein was auto-generated by an automation technology provider, Automated Insights, utilizing data from Dow Jones and FactSet. It further demonstrates the influential factors that can drive changes in the stock market and affects a company’s performance in the market.

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