Updated
Updated · MarketWatch · May 7
HPE stock sheds 2.21% and underperforms rivals
Updated
Updated · MarketWatch · May 7

HPE stock sheds 2.21% and underperforms rivals

12 articles · Updated · MarketWatch · May 7
  • Shares closed at $29.70 on Thursday, while Apple slipped 0.02%, Microsoft gained 1.65% and Cisco rose 0.57%.
  • The decline ended a three-day winning streak during a weak broader session, with the S&P 500 down 0.38% and the Dow Jones Industrial Average off 0.63%.
  • HPE finished 2.37% below its 52-week high of $30.42 reached on May 6, and trading volume of 14.8 million was below its 50-day average of 17.5 million.
Why are HPE insiders selling millions in stock despite a record $5 billion AI backlog?
Will HPE's new repricing policy alienate customers as the AI server war heats up?
Can HPE's $14B Juniper bet succeed amid legal challenges and executive departures?