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EDTHP sinks as investors flee business revamp

By: Yossel in BRKB | Recommend this post (0)
Sat, 20 Aug 11 1:08 AM | 16 view(s)
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2:38am

EDTHP sinks as investors flee business revamp

NEW YORK/BANGALORE (Reuters) - Shares of Hewlett-Packard slumped by more than 20 percent to a six-year low on Friday as investors wiped about $16 billion off the market value of the world's biggest PC maker in a resounding rejection of its plan for a major shake-up.

Sinead Carew and Sayantani Ghosh

NEW YORK/BANGALORE
Fri Aug 19, 2011 2:35pm EDT

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http://www.reuters.com/article/2011/08/19/us-hewlettpackard-shares-idUSTRE77I27N20110819




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