Hewlett Packard (HPE) Falls 10% in a Month: Should You Buy the Dip?
HPE(HPE) ZACKS·2024-07-31 13:35
Hewlett Packard Enterprise Company (HPE) recently witnessed a notable drop in its stock price, falling 10.2% over the past month. This decline is more pronounced compared to the broader Zacks Computer – Integrated Systems industry, which declined by 6.1%.The slide in Hewlett Packard Enterprise's stock can be attributed largely to macroeconomic factors, including inflation concerns, high interest rates and a generally uncertain economic outlook. These pressures have affected the entire tech sector, and HPE h ...