Shares of Host Hotels & Resorts Inc. HST inched 0.07% higher to $14.15 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 1.16% to 3,567.79 and Dow Jones Industrial Average DJIA falling 1.16% to 29,438.42. This was the stock's fourth consecutive day of gains. Host Hotels & Resorts Inc. closed $4.75 below its 52-week high ($18.90), which the company reached on December 27th.
The stock outperformed some of its competitors Wednesday, as Pebblebrook Hotel Trust PEB fell 1.97% to $18.40, RLJ Lodging Trust RLJ fell 1.52% to $12.30, and Diamondrock Hospitality Co. DRH remained unchanged. Trading volume (11.0 M) eclipsed its 50-day average volume of 10.0 M.