Shares of DXC Technology Co.
slid 7.91% to $30.15 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 3.88% to 3,749.63 and Dow Jones Industrial Average
falling 2.79% to 30,516.74. This was the stock’s fourth consecutive day of losses. DXC Technology Co. closed $14.03 below its 52-week high ($44.18), which the company achieved on August 3rd.
The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp.
fell 4.24% to $242.26, Accenture PLC Cl A
fell 3.33% to $276.50, and International Business Machines Corp.
fell 0.79% to $135.11. Trading volume (2.2 M) eclipsed its 50-day average volume of 2.0 M.