Hewlett-Packard (HPQ) Volatility Rises as Shares Slump on Dell's Q1 Results
Tweet
Share
E-mailGet Alerts HPQ Hot Sheet
Price: $29.71 +0.81%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4%
Revenue Growth %: +2.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4%
Revenue Growth %: +2.9%
Join SI Premium – FREE
Hewlett-Packard Co. (NYSE: HPQ) volatility is elevated in early trade as shares sink on Dell (Nasdaq: DELL) quarterly results.
Implied volatility for HP is up 11 percent from Tuesday's close while shares are about 5 percent lower in early trading.
Investors are likely reacting to Dell's first-quarter numbers, which missed views across the board. For more, click here.
Hewlett-Packard is slated to release Q2 numbers after the market closes Wednesday. The Street currently expects EPS of 91 cents on revs of $29.9 billion, compared with EPS of $1.24 and revs of $31.6 billion reported in the same period last year.
Implied volatility for HP is up 11 percent from Tuesday's close while shares are about 5 percent lower in early trading.
Investors are likely reacting to Dell's first-quarter numbers, which missed views across the board. For more, click here.
Hewlett-Packard is slated to release Q2 numbers after the market closes Wednesday. The Street currently expects EPS of 91 cents on revs of $29.9 billion, compared with EPS of $1.24 and revs of $31.6 billion reported in the same period last year.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Dell Technologies (DELL) call put ratio 1 call to 1 put with a focus on expiring August options
- Carnival Corp. (CCL) call put ratio 1 call to 1.1 puts amid price movement
- Western Digital (WDC) call put ratio 1 call to 1 put as share price down 1.3%
Create E-mail Alert Related Categories
Options, Trader TalkRelated Entities
OptionsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
