Skip to Content

HP Inc

Company NameHP Inc
Stock SymbolHPQ
Class PeriodNovember 06, 2015 to June 21, 2016
Lead Plaintiff Motion DeadlineJanuary 04, 2020

HP offers personal computers, printers, and related supplies, solutions, and services.  Within HP’s Printing segment is the Supplies division, which consists of printing and computing supplies, such as toner, ink cartridges, and related printing supplies.  Almost 80% of HP’s operating profit is derived from its Printing business.

 

On June 21, 2016, after the market closed, HP revealed that it would reduce its Supplies channel inventory by $450 million, resulting in a corresponding reduction of $450 million in Supplies revenue over the remainder of 2016. 

 

On this news, HP’s stock price fell $0.72, or 5.4%, to close at $12.61 per share on June 22, 2016.

Submit Your Information

If you suffered a loss on your HP Inc investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

Shares Purchased

Number of SharesBuy DatePrice Per ShareAdd

Shares Sold

Number of SharesSell DatePrice Per ShareAdd