HP Inc (HPQ) has been a subject of intense market focus, trading with fluctuating results. Despite challenges such as market dips, the company has held up fairly well. Different headlines signal that investors express strong value giving their support to the company.
David Einhorn made waves with a bet on the company, helping boost its perception as an investment. Moreover, HPQ’s value is considered understated by approximately 26% according to some evaluations. HP’s
Q3 earnings and their Q1 results for 2024 have been center stage more recently. There were notable happenings like amending bylaws to decrease their board to 12 seats, and one of their directors, Robert Bennett selling a total of 67,000 shares. The company's largest shareholder,
Berkshire Hathaway, halved its stake in the firm. HP had a
double upgrade from Bank of America and showed strong performance for FY24. Their Q4 sales were slightly affected by soft personal computer demands. The hiring of Marie Myers from HP as CFO was a big move while rumors circulated of Hewlett Packard Enterprise nearing a $13 billion deal to buy Juniper Networks.
Hp HPQ News Analytics from Tue, 29 Aug 2023 07:00:00 GMT to Sun, 12 May 2024 10:21:15 GMT -
Rating 4
- Innovation -2
- Information 7
- Rumor 0
