HP Inc. Stock Slides 6.9%, Underperforms Peers

Dow Jones

2 hours ago

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of HP Inc. slid 6.9% to $30.20 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,811.54 and the Dow Jones Industrial Average rising 0.8% to 51,654.95.

The stock's fall snapped a three-day winning streak.

HP Inc. closed 16.6% short of its 52-week high of $36.23, which the company achieved on September 11th.

The stock underperformed when compared to some of its peers, as Apple Inc. fell 1.1% to $336.64, Dell Technologies Inc. Cl C rose 2.0% to $586.06, and Hewlett Packard Enterprise Co. rose 3.46% to $73.46.

Trading volume totaled 16.7 million, compared to the 50-day average of 15.1 million.

Data source: Dow Jones Market Data, FactSet

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Cl C rose 2.0% to $586.06, and Hewlett Packard Enterprise Co. rose 3.46% to $73.46. \n</p>\n<p>\n     Trading volume totaled 16.7 million, compared to the 50-day average of 15.1 million. \n</p>\n<p>\n  Data source: Dow Jones Market Data, FactSet \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HP Inc. 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Cl C rose 2.0% to $586.06, and Hewlett Packard Enterprise Co. rose 3.46% to $73.46. \n\n\n     Trading volume totaled 16.7 million, compared to the 50-day average of 15.1 million. \n\n\n  Data source: Dow Jones Market Data, FactSet","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}