Shares of Host Hotels & Resorts Inc. HST inched 0.26% higher to $15.18 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.79% to 3,672.82 and Dow Jones Industrial Average DJIA falling 0.35% to 30,068.81. The stock's rise snapped a two-day losing streak. Host Hotels & Resorts Inc. closed $3.72 below its 52-week high ($18.90), which the company reached on December 27th.
The stock underperformed when compared to some of its competitors Wednesday, as Pebblebrook Hotel Trust PEB rose 0.31% to $19.17, RLJ Lodging Trust RLJ rose 0.52% to $13.63, and Diamondrock Hospitality Co. DRH rose 2.25% to $8.62. Trading volume (8.8 M) remained 1.1 million below its 50-day average volume of 9.9 M.