Shares of HP (HPQ) Moving Lower on Q1 Results
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Price: $32.19 +0.47%
Revenue Growth %: +5.8%
Financial Fact:
Net earnings: 783M
Today's EPS Names:
OCCI, ALZN, ASPU, More
Revenue Growth %: +5.8%
Financial Fact:
Net earnings: 783M
Today's EPS Names:
OCCI, ALZN, ASPU, More
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Shares of Hewlett-Packard (NYSE: HPQ) were volatile in last night's after-hours trading session following its Q1 earnings report. The stock closed at $34.08 earlier, down 0.76% during intraday trading, but traded down about 3.7% from the close just after the earnings.
Traders may be selling the stock as the tech-giant reported Q1 sales that were well below the Street's expectations, and also guided its Q2 earnings below the analyst consensus.
UPDATE: Shares of HP have opened today's trading session about 7% lower. The stock is currently trading around $31.78.
Click here to view a summary of some highlights from Hewlett-Packard's Q1 conference call.
Traders may be selling the stock as the tech-giant reported Q1 sales that were well below the Street's expectations, and also guided its Q2 earnings below the analyst consensus.
UPDATE: Shares of HP have opened today's trading session about 7% lower. The stock is currently trading around $31.78.
Click here to view a summary of some highlights from Hewlett-Packard's Q1 conference call.
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