HP shares fall 4% on PC outlook, Morgan Stanley downgrade

Aug. 27, 2021 8:12 AM ETHP Inc. (HPQ) StockDELLBy: Brandy Betz, SA News Editor10 Comments

HP logo on their main shop for Hungary during the evening. Hewlett Packard is one of the main computer manufacturers in the world
BalkansCat/iStock Editorial via Getty Images

  • Concerns about the outlook for the personal computer market, and a stock rating downgrade from Morgan Stanley, conspired to send HP (NYSE:HPQ) shares down as much as 4% Friday.
  • HP (HPQ) fell to $28.25 as analysts

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