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Here is how HP Inc. (HPQ) stock performed well on Tuesday?

NXTP Stock

NXTP Stock

HP Inc. (HPQ) shares jumped 7.52% in after-hours on Tuesday, November 23, 2021, and closed the daily trading at $34.61. Even in regular trading, HPQ’s stock gained 0.81%. HPQ shares have risen 51.91% over the last 12 months, and they have moved up 3.14% in the past week. Over the past three months, the stock has surged 9.53%, while over the past six months, it has gained 0.06%.

Let’s have a brief look at its recent news and developments.

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HPQ latest news

On November 23, 2021, HP Inc. (HPQ) announced its financial results for the fiscal fourth quarter and fiscal 2021 which ended on October 31, 2021.

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Q4 2021 financial highlights

FY 2021 financial highlights

FY 2022 financial outlook

HPQ & IWCO agreement

On November 22, 2021, HP Inc. (HPQ) and IWCO Direct announced a strategic agreement for the supply of a fleet of HP PageWide Web Presses to drive the market for data-driven marketing communications solutions.

IWCO Direct will do a multi-million-dollar investment in seven high-volume HP PageWide Web Presses to grow their performance marketing business using primarily HP digital printing by 2023.

HPQ new appointment

On November 17, 2021, HP Inc. (HPQ) appointed Kim K.W. Rucker to its board of directors. Rucker is the former executive vice president, general counsel, and secretary of Andeavor, which was acquired by Marathon Petroleum in 2018.

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The recent FY 2021 financial results which beat the analyst estimates were the reason behind its top-notch performance on Tuesday and it can continue to climb up on Wednesday as well.

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