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Hewlett Packard Enterprise Co. stock underperforms Friday when compared to competitors – MarketWatch


Published: March 24, 2023 at 4:31 p.m. ET

Shares of Hewlett Packard Enterprise Co. HPE slid 0.28% to $14.23 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.56% to 3,970.99 and the Dow Jones Industrial Average DJIA rising 0.41% to 32,237.53. This was the stock’s third consecutive day of losses. Hewlett Packard Enterprise Co. closed $3.43 below its 52-week high ($17.66), which the company achieved on March 29th.

The stock underperformed when compared to some of its competitors Friday, as Apple…

Shares of Hewlett Packard Enterprise Co.

HPE

slid 0.28% to $14.23 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index

SPX

rising 0.56% to 3,970.99 and the Dow Jones Industrial Average

DJIA

rising 0.41% to 32,237.53. This was the stock’s third consecutive day of losses. Hewlett Packard Enterprise Co. closed $3.43 below its 52-week high ($17.66), which the company achieved on March 29th.

The stock underperformed when compared to some of its competitors Friday, as Apple Inc.

AAPL

rose 0.83% to $160.25, Microsoft Corp.

MSFT

rose 1.05% to $280.57, and Cisco Systems Inc.

CSCO

rose 1.57% to $50.51. Trading volume (12.7 M) remained 786,470 below its 50-day average volume of 13.5 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



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