HP Inc. Stock Rallies 6.6%, Outperforms Peers
Dow Jones2026/08/07 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of HP Inc. rose 6.6% to $30.05 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,757.64 and the Dow Jones Industrial Average rising 0.3% to 54,036.93.
The stock's rise snapped a two-day losing streak.
HP Inc. hit a new 52-week high, surpassing its previous peak of $29.65, which the company achieved on June 2nd.
The stock outperformed some of its peers, as Apple Inc. rose 0.3% to $313.33, Dell Technologies Inc. Cl C rose 3.7% to $453.77, and Hewlett Packard Enterprise Co. rose 1.51% to $53.22.
Trading volume totaled 17.9 million, compared to the 50-day average of 18.4 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 07, 2026 16:34 ET (20:34 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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