Market Analysis
HP Stock Tumbles Over 4% After Citi Downgrades on PC Market Woes
Citi downgrades HP Inc. stock to Neutral on concerns of prolonged PC and printer market recovery, despite the stock's strong performance over the past year.
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BTC$62,533.00-3.27%
ETH$1,660.02-4.47%
USDT$0.9988-0.01%
USDC$0.9998+0.00%
XRP$1.10-3.16%
SOL$68.97-5.07%
TRX$0.3301-0.45%
FIGR_HELOC$1.04+0.35%
HYPE$62.57-7.36%
DOGE$0.079-5.01%
USDS$0.99960.00%
RAIN$0.0157+4.11%
LEO$9.54-0.17%
ZEC$417.90-7.62%
XLM$0.1932-6.36%
HP's stock has declined due to weaker-than-expected PC sales amid a challenging global market.
Citi downgrades HP Inc. stock to Neutral on concerns of prolonged PC and printer market recovery, despite the stock's strong performance over the past year.
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