HP Inc Stock Plummets 11.96% in Two Days as Tariff Woes Drive 126th Ranked Trading Volume

On May 29, 2025, HP Inc. (HPQ) experienced a significant decline, with its stock price dropping by 8.27% over two consecutive days, resulting in a total decrease of 11.96%. The trading volume for HP reached $664 million, marking a 41.4% increase from the previous day and placing it at the 126th position in terms of trading volume for the day.

HP Inc. (HPQ) stock fell nearly 8% after missing its Q2 2025 earnings estimates and issuing a cautious outlook for Q3. The company cited rising tariff challenges as a significant factor impacting its financial performance. Despite a 2.4% year-over-year revenue growth, the lowered FY25 profit outlook added to investor concerns, leading to a dip in the stock price.

HP CEO Enrique Lores acknowledged that tariff charges were higher and affected more countries than initially anticipated. As a result, the company has accelerated its production shift out of China to mitigate the impact of these tariffs. This strategic move is part of HP's broader effort to navigate the complex tariff landscape and protect its profitability.

HP Inc. (HPQ) has also announced plans to increase prices and shift production due to additional tariff costs that could not be fully mitigated in the quarter. The company's non-GAAP operating profit fell short of expectations, further contributing to the stock's decline. These challenges highlight the ongoing impact of tariffs on HP's operations and financial performance.