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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| HP Inc | NYSE:HPQ | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.24 | 0.86% | 28.18 | 28.50 | 28.01 | 28.28 | 6,648,336 | 21:38:19 |
From May 2019 to May 2024
By Maria Armental
HP Inc.'s stock set a 52-week low of $16.46 Friday, a day after it laid out plans to overhaul operations including eliminating the regional operating layer and slashing one-fifth of distribution centers. The company also announced another drastic round of job cuts of up to roughly 16% of its workforce.
Shares recovered slightly and closed down 10% at $16.64.
Though the restructuring would be across the company, the key question is how -- and when -- it will stop the bleeding in the printing supplies business, once its cash cow.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
October 04, 2019 16:31 ET (20:31 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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