HP Inc. Up Over 6%, On Pace for Largest Percent Increase Since February 2017 -- Data Talk

HP Inc. (HPQ) is currently at $23.56, up $1.46 or 6.58%

-- Would be highest close since Feb. 27, 2019, when it closed at $23.85

-- On pace for largest percent increase since Feb. 23, 2017, when it rose 8.64%

-- On Monday, HP Inc. pledged to buy $15 billion worth of stock, with at least $8 billion of that in the first year, to tackle a hostile takeover bid from Xerox. The company also reported first-quarter results and raised profit projections for the year

-- Earlier Tuesday, three firms raised their price target on HP, Benzinga reported. UBS called HP's three-year-plan "the correct strategy" and increased its earnings estimates and raised the target price on the stock to $22.50 from $20

-- Currently up four of the past five days

-- Up 10.48% month-to-date; on pace for best month since Nov. 2019, when it rose 15.6%

-- Up 14.62% year-to-date

-- Down 23.07% from its all-time closing high of $30.62 on July 13, 2000

-- Down 1.44% from 52 weeks ago (Feb. 26, 2019), when it closed at $23.90

-- Down 1.44% from its 52 week closing high of $23.90 on Feb. 26, 2019

-- Up 46.94% from its 52 week closing low of $16.03 on Oct. 10, 2019

-- Traded as high as $23.65; highest intraday level since Feb. 27, 2019, when it hit $23.89

-- Up 7.01% at today's intraday high; largest intraday percent increase since Nov. 6, 2019, when it rose as much as 17.77%

-- Best performer in the S&P 500 today

-- Seventh most active stock in the S&P 500 today

All data as of 11:13:27 AM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

February 25, 2020 11:43 ET (16:43 GMT)

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