HPQ · NYSE
HPQ · NYSE
28.78 USD
-3.05 (-9.57%)
After hours 28.81 USD +0.02 (+0.07%)
No new driver or catalyst emerged as HPQ's decline extended to about 10%, deeper than the 6.4% pre-market drop earlier today. Intel's October 30 warning of a prolonged PC-market slowdown continued to pressure PC makers, with Dell also sharply lower, while a Nasdaq-led technology selloff added to the move. Intel's warning and the HPQ/Dell reaction Nasdaq-led tech selloff Trading volume turned unusually heavy as investors repriced PC-demand and margin risk.
No new driver or catalyst emerged as HPQ's decline extended to about 10%, deeper than the 6.4% pre-market drop earlier today. Intel's October 30 warning of a prolonged PC-market slowdown continued to pressure PC makers, with Dell also sharply lower, while a Nasdaq-led technology selloff added to the move. Intel's warning and the HPQ/Dell reaction Nasdaq-led tech selloff Trading volume turned unusually heavy as investors repriced PC-demand and margin risk.