Why HP Stock Soared and Nearly Hit an All-Time High Today
HPQHP(HPQ) The Motley Fool·2024-05-31 04:44

The cycle could finally be turning in HP's favor.It's been lost in the shadows of flashier computing companies lately, but HP (HPQ 16.95%) is finally enjoying some time in the sun. The company reported financial results for its fiscal second quarter of 2024 after the market closed yesterday. And investors bid the stock higher today, with shares rising as much as 20% around midday, pushing the stock to within striking distance of its all-time high.Important improvements for HPI wouldn't necessarily call Q2 a ...