Shares of Host Hotels & Resorts Inc. (NAS:HST) rallied 2.42% to $16.92 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index (S&P:SPX) rising 1.21% to 4,448.98 and the Dow Jones Industrial Average (DOW:DJIA) rising 1.48% to 34,764.82. This was the stock's third consecutive day of gains. Host Hotels & Resorts Inc. closed $1.60 short of its 52-week high ($18.52), which the company achieved on May 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Pebblebrook Hotel Trust (NYS:PEB) rose 2.16% to $23.19, RLJ Lodging Trust (NYS:RLJ) rose 3.81% to $15.00, and Diamondrock Hospitality Co. (NYS:DRH) rose 1.84% to $9.40. Trading volume (5.8 M) remained 1.8 million below its 50-day average volume of 7.6 M.