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0.46%
-0.13
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Why is HP Inc (HPQ) Stock down?
30 Aug, 2023:
HP's (HPQ) shares plunged 6.63% post its fiscal Q3 results, revealing a nearly 10% YoY revenue decline (7.4% after adjusting for currency shifts). Lower margins in printing and personal computing systems led to a 17% drop in adjusted earnings per share. Despite gaining PC market share and growth prospects in gaming and subscriptions, weak sales environment and disappointing earnings guidance cautioned investors.
https://www.fool.com/investing/2023/08/30/why-hp-stock-fell-on-wednesday/
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