HP Inc. (NYSE: HPQ) fell more than 8% in premarket trading after its third-quarter personal computer segment posted declines in both shipment volume and profit margin. The move came after ChainCatcher reported that weakness in HP’s PC business weighed on the stock ahead of the U.S. market open. The report specifically pointed to lower shipments and reduced margins in the company’s personal computer division during the third quarter. No additional figures were disclosed in the brief. The item was published by ChainCatcher under the market analysis category.
HP Inc. (HPQ.N) fell more than 8% in premarket U.S. trading after its third-quarter personal computer segment recorded declines in both shipment volume and profit margin, according to ChainCatcher.
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