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14 April 2020
Xerox Options Declining
ROCHESTER . NEW YORK—
After Xerox failed attempt to buy HP their share price has taken a hit on the stock market. The share price of Xerox is down by 3.4%. Stock Analyst have rated Xerox as a sell while HP is ranked neutral . Xerox and HP are expected to take a harder hit than other companies in other sectors.
Analyst predict HP will likely see at least short-term benefits in its PC and home printing businesses. Prior the failed bid for HP Xerox had seen a drop in sales of 6.2% for 2019. There equipment sales saw an even higher decline.
In a better position than Xerox
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Now with reduced options
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