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FUND Buy 20.01.2020 09:32

Hewlett-Packard Co. (HPQ/NYSE): analytical review

Stock prices of the American information technology giant, Hewlett-Packard Company, are again in an uptrend. The reason for the growth is not the positive reporting of the company but the upcoming M&A transaction (mergers and acquisitions). At the end of last year, Xerox submitted to the Hewlett-Packard Company a takeover offer of $33.5 billion, which was rejected by the board of directors due to an undervaluation of the company's assets. After a public refusal, the company's shares fell to $18. From this moment, the growth has begun, which continues at the moment.