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Hewlett-Packard shares go separate ways

Nov. 03, 2015 4:32 AM ETHP Inc. (HPQ) StockHPQ, HPEBy: Yoel Minkoff, SA News Editor
  • On their first day of public trading, the two companies formerly known as Hewlett-Packard together gained $2.5B in value, an early sign the market considers them more valuable apart than together.
  • Shares of HP (NYSE:HPQ) rose 13%, closing at $13.83, while Hewlett Packard Enterprise (NYSE:HPE) dropped nearly 2%, closing at $14.49.
  • Both companies had been trading as "when issued" securities for approximately two weeks ahead of their official debut.
  • Previously: HP Inc. +11.5% following split; HP Enterprise +2.2% (Nov. 02 2015)
  • Previously: Hewlett-Packard gets ready to split (Nov. 02 2015)

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