Friday, August 24, 2012

HP Stock Price


By Chuck Hajdu

Hewlett-Packard announced a quarterly loss of 8.9 billion USD on Wednesday after the closing bell on the stock exchange. As a consequence of their biggest quarterly loss in history, their stock took a serious dive on Thursday.

But I’m like Meg Whitman, the HP CEO, and I am optimistic about their future. Unlike Facebook’s lack of adult leadership, HP has a great team in place and will rebound to become a successful, profitable company again. Of course, I can be wrong but that doesn’t dampen my enthusiasm.

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