Shares of DXC Technology Co. increase on Friday, but continue to underperform the market

On February 9, 2024, DXC Technology Co.’s shares inched up by 0.27% to $22.11. The stock market saw a mixed trading session, with the S&P 500 Index rising by 0.57% to 5,026.61 and the Dow Jones Industrial Average falling by 0.14% to 38,671.69. This marked the fourth consecutive day of gains for DXC Technology Co.

The stock closed $7.74 short of its 52-week high of $29.85, which was reached on February 13th. When compared to some of its competitors, DXC Technology Co.’s performance was lackluster as Accenture PLC Cl A rose by 0.87% to $371.67 on the same day of trading. Despite this, the trading volume for DXC Technology Co.’s shares eclipsed its average volume of the past fifty days with a total of 3.5 million shares traded on that day alone, indicating strong investor interest in the company’s stock performance.

It is important to note that this story was generated using data from Dow Jones and FactSet by an automation technology provider known as Automated Insights for journalistic purposes only and should not be relied upon for investment or financial decisions without further research and analysis from qualified professionals or accredited sources such as a financial advisor or licensed brokerage firm representative.”

By Editor

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