Enterprise

Hewlett Packard Enterprise Co. stock underperforms Monday when compared to competitors


Published: June 5, 2023 at 4:30 p.m. ET

Shares of Hewlett Packard Enterprise Co. HPE slid 1.44% to $15.02 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.20% to 4,273.79 and Dow Jones Industrial Average DJIA falling 0.59% to 33,562.86.

The stock’s fall snapped a two-day winning streak.

Hewlett Packard Enterprise…

Shares of Hewlett Packard Enterprise Co.

HPE

slid 1.44% to $15.02 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index

SPX

falling 0.20% to 4,273.79 and Dow Jones Industrial Average

DJIA

falling 0.59% to 33,562.86.

The stock’s fall snapped a two-day winning streak.

Hewlett Packard Enterprise Co. closed $2.23 below its 52-week high ($17.25), which the company reached on January 9th.

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

AAPL

fell 0.76% to $179.58, Microsoft Corp.

MSFT

rose 0.16% to $335.94, and Cisco Systems Inc.

CSCO

rose 0.38% to $50.21.

Trading volume (16.8 M) eclipsed its 50-day average volume of 12.7 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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