Tech Company Stocks In Q1: Who Gained? Who Lost?
Submitted by Rick Whiting on
HP
CEO: Dion Weisler
Dec. 30, 2016: $14.84
March 31, 2017 :$17.88
Change: +20.49%
HP Inc. was created in November 2015 through the split of Hewlett-Packard Co. into HP Inc. and Hewlett Packard Enterprise.
In March the Idaho Department of Administration proposed a deal to acquire HP's Boise, Idaho campus for $110 million.
In February HP reported that revenue in its fiscal 2017 first quarter (ended Jan. 31) grew 3.6 percent to $12.68 billion from $12.25 billion in the same quarter one year earlier. Net income grew 3.2 percent to $611 million from $592 million one year before.