Inline Report Not Good Enough For HP Inc.

HP Inc.

shares are trading lower by $0.76 at $10.06 in Thursday's session. Its inline report for EPS and revenues along with inline guidance has not met Wall Street expectations. Instead investors are focusing on the contraction in core printing revenue. After a lower open, it managed a bounce to $10.23 before falling under $10 to $9.95. At this time, it has returned it has rebounded and is attempting to clear Wednesday's low of $10.10.