Shares of Host Hotels & Resorts Inc. HST rose 2.65% to $14.89 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.18% to 3,669.01 and the Dow Jones Industrial Average DJIA rising 0.20% to 29,883.79. This was the stock's second consecutive day of gains. Host Hotels & Resorts Inc. closed $4.00 below its 52-week high ($18.90), which the company achieved on December 27th.
The stock outperformed some of its competitors Wednesday, as Pebblebrook Hotel Trust PEB fell 0.79% to $18.80, RLJ Lodging Trust RLJ fell 1.08% to $12.81, and Diamondrock Hospitality Co. DRH rose 2.30% to $8.00. Trading volume (8.6 M) remained 1.4 million below its 50-day average volume of 10.0 M.