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00:02HP shares fell 3.72% Monday after the company withheld fiscal 2027 financial guidance,
00:09saying it remains in its planning period and that specific outlook metrics would be premature.
00:13According to a regulatory disclosure filed with the SEC, HP's preliminary planning assumption
00:18project's industry-wide personal computer unit volumes will decline roughly mid-single digits
00:23in calendar 2027 compared with 2026. The company said its assumptions depend on market performance
00:29during the second half of 2026 and described conditions as fluid. HP made similar comments
00:35during its August 26 third quarter earnings call. The stock remained above its 20-day,
00:4050-day, 100-day, and 200-day moving averages. Shares were down 3.72% to $33.16 at the
00:48time
00:48of publication on Monday, according to Benzinga Prodata. For all things money, visit benzinga.com.
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