The Traderszone Network

Published in TZ Latest News 25 November, 2016 by The TZ Newswire Staff

HP Inc. Stock Sinks Over Profit Outlook Concerns

Despite HP Inc. (NYSE: HPQ) reporting  outstanding PC sales results in its recent fiscal fourth-quarter earnings release Tuesday, its stock sank  7% due largely to its slightly lower than expected earnings guidance for the current quarter. Savvy investors have recognized HP’s relative value following the sell-off however, driving shares up 1.5% in early Friday trading.