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Hewlett Packard Enterprise Co. Stock Slips 6.0%, Underperforms Peers

Hewlett Packard Enterprise Co. Stock Slips 6.0%, Underperforms Peers

Dow JonesDow Jones2026/10/16 20:34

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Hewlett Packard Enterprise Co. shed 6.0% to $55.13 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.1% to 7,659.44 and Dow Jones Industrial Average falling 0.3% to 52,002.41.

This was the stock's fifth consecutive day of losses.

Hewlett Packard Enterprise Co. closed 25.1% short of its 52-week high of $73.56, which the company reached on October 9th.

The stock underperformed when compared to some of its peers, as Apple Inc. rose 0.4% to $343.46, Microsoft Corp. fell 1.9% to $529.05, and Cisco Systems Inc. fell 2.24% to $107.39.

Trading volume totaled 31.0 million, compared to the 50-day average of 21.9 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 16, 2026 16:34 ET (20:34 GMT)

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