Thursday, October 4, 2012

As HP Outlines 5-Year Recovery Plan, Its Stock Price Crashes To A 9-Year Low

Image (1) hplogo.jpg for post 346759Watch out below! HP's stock is tumbling to new lows as the company lays out its 5-year recovery program. Wall Street clearly doesn't like what it's hearing either. HP's stock opened at $17.35 and maintained this price throughout the day until it suddenly, nearly violently, crashed to where it sits now at 10% down for the day at $15.50, a 9-year low.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/rdMSL4OkdTo/

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