HP Enterprise Stock Jumps as Activist Elliott Builds $1.5B Stake [Yahoo! Finance]
HP Inc. (HPQ)
Last hp inc. earnings: 2/24 04:05 pm
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Source: Yahoo! Finance
Elliott will look to engage with the company's leadership on ways to maximize value, people familiar with the matter told Investopedia. HP Enterprise last month projected lower profits than analysts expected for the current quarter and full year, and said it would lay off employees. Hewlett Packard Enterprise ( HPE ) shares surged Tuesday after Bloomberg reported activist investor Elliott Investment Management has built a more than $1.5 billion stake in the server maker. Elliott will look to engage with HP Enterprise's leadership on ways to maximize the company's value, people familiar with the matter told Investopedia. HP Enterprise declined to comment. In its latest quarterly report last month , HP Enterprise's revenue topped estimates, while adjusted profits for the first quarter, along with its projections for the second quarter and full fiscal year, came in weaker than expected. The tech firm said it planned to cut costs and lay off about 5% of its workforce over the nex
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HPQ
Earnings
- 11/25/25 - Beat
HPQ
Sec Filings
- 12/12/25 - Form 4
- 12/10/25 - Form 4
- 12/10/25 - Form 4
- HPQ's page on the SEC website