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Stock impact report

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of HP Inc. Investors (HPQ)

HP Inc. (HPQ) 
Last hp inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: h30261.www3.hp.com
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired HP Inc. (“HP” or the “Company”) (NYSE: HPQ) securities between February 23, 2017 and October 3, 2019, inclusive (the “Class Period”). HP investors have until April 20, 2020 to file a lead plaintiff motion.If you are a shareholder who suffered a loss, click here to participate.On October 3, 2019, after the market closed, HP announced that it was "departing from the purely transactional Supplies-centric business model" and moving away from using the four-box model, transitioning instead to a hardware-driven business model. The Company also announced mass layoffs as part of a major restructuring, in which it expected to cut between 7,000 to 9,000 positions, or up to 16% of its global workforce, over three years.On this news, the Company’s share price fell $1.72, or nearly 10%, to close at $16.64, on Show less Read more
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