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Benzinga
Benzinga
Business
Joel Elconin

Printer Malfunction: HP Downgrade Scares Investors Away

HP

With a volatile geopolitical landscape and inflation worries dominating price action, analyst ratings have taken a backseat in the market. Yet on Thursday, a Morgan Stanley downgrade is having a huge negative impact on shares of HP Inc (NYSE:HPQ), making it the PreMarket Prep Stock of the Day.

Post-Deal Price Action: On many occasions in the merger and acquisition world, it is traditional for the acquirer to decline in price after making an acquisition for a variety of reasons.

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