HP Inc's stock experienced a significant decline of 10.37% in extended trading, reflecting investor concerns following the company's latest quarterly update.

The sharp drop came after HP Inc held its Q1 earnings call, which presented a mixed outlook that balanced growth prospects with cost risks. The company struck a cautious tone during the call, highlighting both opportunities and challenges in the current market environment.

While specific details from the earnings call were not fully disclosed in available reports, the overall cautious messaging appears to have prompted a negative reaction from investors, leading to the substantial sell-off in post-market trading.