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Why HP Fell Today

TheMotleyFool 
0 0 01.10.24
Why HP Fell TodayPhoto, wide shot, wide-angle lens, Telecom equipment supplier, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/ad10ed87-71d0-4096-a50b-ba9470f8264b.png
 

Shares of PC and printer maker  (NYSE: HPQ) fell today, down as much as 4.8% at one point before recovering to a 4.1% decline as of 1:50 p.m. ET.

Back when the old Hewlett-Packard split in two, HP retained the legacy, low-growth businesses of PCs and traditional ink printers.

While some had hoped for a late-year boost thanks to the advent of the "AI PC," one analyst wrote today that the refresh might not be coming until next year, or even beyond.

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Source Fool.com

HP Inc. Stock

€23.65
1.370%
There is an upward development for HP Inc. compared to yesterday, with an increase of €0.32 (1.370%).
Currently there is a rather negative sentiment for HP Inc. with 4 Buy predictions and 14 Sell predictions..
This results in a negative potential of -36.58% based on a current price of 23.65 € and a target price of 15 € for the stock.
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