HP Gains 15%. Earnings Short Week Could Guide Further Move
HP Inc. shares jumped 15.3% to $25.24 Friday, their biggest one-day gain in months, after Lenovo’s strong results boosted PC hardware stocks. U.S. markets will be closed Monday for Memorial Day. HP reports fiscal Q2 earnings after the close on May 27, with investors watching for signs that AI PC demand can offset rising memory-chip costs. Trading volume Friday neared 48.7 million shares.