HP (HPQ) Investors Breath Sigh of Relief Amid Q2 Beat, Restructuring Effort; Shares Up 6% After Hours
Get Alerts HPQ Hot Sheet
Price: $28.17 +0.25%
Revenue Growth %: -2.4%
Financial Fact:
Basic (in dollars per share): 0.46
Today's EPS Names:
DGICA, UXIN, TOWN, More
Revenue Growth %: -2.4%
Financial Fact:
Basic (in dollars per share): 0.46
Today's EPS Names:
DGICA, UXIN, TOWN, More
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After trading rather sharply lower throughout Wednesday's intraday session (down more than 3 percent at the close), HP (NYSE: HPQ) shares have jumped about 6 percent.
The company's second-quarter figures topped the Street nicely, while the FY12 guidance was raised. News of a massive restructuring effort is likely adding to investor optimism.
The stock last traded at $22.45.
The company's second-quarter figures topped the Street nicely, while the FY12 guidance was raised. News of a massive restructuring effort is likely adding to investor optimism.
The stock last traded at $22.45.
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