HP stock returns: The ugliest chart you’ll see today
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Non-stop CEO changes. Strategy shifts. Board feuds. It’s hard out here for a Hewlett-Packard shareholder. Even so, a chart included in HP’s annual filing drives home just how battered those shareholders have been.
If you invested $100 in HP in 2007, your investment today would be worth $28.41 as of the end of HP’s fiscal year in October. By comparison, the same $100 invested in the S&P; 500 would be worth $101.81. And if you just picked the S&P; Information Technology Group, it would be worth $110.08.
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Of course, the latter two contain Apple, which is, well, Apple. Still, it’s been a brutal five years. Shareholders have to hope there is nowhere to go but up in 2013.
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