HP Inc. Up Over 6%, On Pace for Largest Percent Increase Since February 2017 -- Data Talk
February 25 2020 - 11:58AM
Dow Jones News
HP Inc. (HPQ) is currently at $23.56, up $1.46 or 6.58%
-- Would be highest close since Feb. 27, 2019, when it closed at
$23.85
-- On pace for largest percent increase since Feb. 23, 2017,
when it rose 8.64%
-- On Monday, HP Inc. pledged to buy $15 billion worth of stock,
with at least $8 billion of that in the first year, to tackle a
hostile takeover bid from Xerox. The company also reported
first-quarter results and raised profit projections for the
year
-- Earlier Tuesday, three firms raised their price target on HP,
Benzinga reported. UBS called HP's three-year-plan "the correct
strategy" and increased its earnings estimates and raised the
target price on the stock to $22.50 from $20
-- Currently up four of the past five days
-- Up 10.48% month-to-date; on pace for best month since Nov.
2019, when it rose 15.6%
-- Up 14.62% year-to-date
-- Down 23.07% from its all-time closing high of $30.62 on July
13, 2000
-- Down 1.44% from 52 weeks ago (Feb. 26, 2019), when it closed
at $23.90
-- Down 1.44% from its 52 week closing high of $23.90 on Feb.
26, 2019
-- Up 46.94% from its 52 week closing low of $16.03 on Oct. 10,
2019
-- Traded as high as $23.65; highest intraday level since Feb.
27, 2019, when it hit $23.89
-- Up 7.01% at today's intraday high; largest intraday percent
increase since Nov. 6, 2019, when it rose as much as 17.77%
-- Best performer in the S&P 500 today
-- Seventh most active stock in the S&P 500 today
All data as of 11:13:27 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 25, 2020 11:43 ET (16:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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