HPE Under Pressure Amid Margin Crunch and Weak Guidance

10 days ago

Jess Metton

"So I'm going to look on the other side of things here with the function in the terminal. And so looking at HPE here. So Huelet Packard Enterprises, the ticker is HPE. If you look at this stock and how it's moving today, down almost 10%. So on pace for its worst day since April 3rd. Of course this is one of the largest makers of computer equipment, and it's having an issue with some of that margin crunch and underwhelming guidance for the fiscal year."

The discussion on HPE (Hewlett Packard Enterprises) focuses on its nearly 10% decline today, marking its worst day since April 3rd. The speaker attributes the drop to a margin crunch and disappointing forward guidance, noting that despite a solid year-to-date gain, the weak outlook and profit forecast adjustments have put downward pressure on the stock.

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