This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of HP Inc. shed 6.8% to $30.87 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.6% to 5,954.50 and the Dow Jones Industrial Average rising 1.4% to 43,840.91.
This was the stock's fourth consecutive day of losses.
HP Inc. closed 22.4% short of its 52-week high of $39.80, which the company reached on November 25th.
The stock underperformed when compared to some of its competitors, as Apple Inc. rose 1.9% to $241.84, Dell Technologies Inc. Cl C fell 4.7% to $102.76, and Hewlett Packard Enterprise Co. fell 0.15% to $19.81.
Trading volume totaled 22.3 million, compared to the 50-day average of 6.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 28, 2025 16:33 ET (21:33 GMT)
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