HPs Trading Volume Surges 228% to $553 Million, Ranked 251st Despite 14.71% Stock Price Drop

On April 3, 2025, HP's trading volume reached $553 million, marking a 228.32% increase from the previous day. This surge placed HP at the 251st position in terms of trading volume for the day. However, HP's stock price fell by 14.71%.

The recent announcement of a 25% tariff on auto imports by President Trump has significantly impacted HP's stock performance. The tariffs, which affect a wide range of IT hardware and networking stocks, have driven HP's stock to a multi-year low. This development has raised concerns among investors about the potential financial strain on the company.

Analysts from Morgan Stanley have highlighted that the additional tariff costs could consume nearly the entirety of HP's expected net income for 2025. This financial burden is expected to have a profound impact on the company's profitability and overall market performance.