HP appreciates 1.29% with $31.39 as the high of the day

Published: May 27 2023, 05:26 GMT+0

HP appreciates 1.29% with $31.39 as the high of the day

Yesterday at a glance: the IT company went up to $31.3, gaining 1.29%.

Nevertheless, United States Core Durable Goods Orders fell short of the 0% projections, with new data of -0.2%.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) released yesterday at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

This rally in HP's share price coincided with other technology stocks as Intel gained 5.84%, as it traded at $29. Qualcomm traded at $110.35 after closing yesterday's trading day at $104 (up 6.09%). Accenture plc Class A (Ireland) traded at $303.6 after closing yesterday's trading day at $291.76 (up 4.06%).

The global computer company has gained 17.27% since its lowest print of $24.69 earlier this year.

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