NEW YORK, USA – Shares of HP Inc (NYSE: HPQ) displayed notable volatility in the first hour of trading on April 28th, capturing the attention of market participants following the technology and PC maker. The stock experienced swings before settling slightly in positive territory.
As of 10:30 AM EDT, HPQ stock was trading at 25.33 USD. This indicates a modest gain of +0.050 USD, or +0.20% for the day so far. The stock opened exactly at its previous closing price of 25.28 USD.
Early trading saw HP shares quickly climb to an intraday high of 25.54 USD. However, this initial strength was followed by a pullback that took the stock to a low of 25.20 USD, dipping below the opening price. The stock then recovered, moving back into positive territory as shown by the current price. This “W” pattern in the early chart suggests active trading and price discovery.
Key market data for HP Inc. at this time includes:
- Market Cap: 23.88 Billion USD
- P/E Ratio: 9.11, suggesting a potentially more value-oriented profile compared to some tech peers.
- Dividend Yield: A significant 4.57%, likely appealing to income-focused investors.
- 52-Week High: 39.62 USD
- 52-Week Low: 21.21 USD
Investors are observing HPQ’s performance closely as it navigates these early fluctuations, watching for sustained momentum or further volatility throughout the trading session.
