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Hewlett Packard Enterprise Slumped despite Its Earnings Beat

Hewlett Packard Enterprise Slumped despite Its Earnings Beat

Shares of networking company Hewlett Packard Enterprise (HPE) fell almost 11% in May and closed at $15.24. The stock is currently trading at $15.53, which is 22% higher than its 52-week low of $12.70 and 20% lower than its 52-week high of $19.48.