HP Stock Price Falls 23% to 6-Year Low

 By 
Todd Wasserman
 on 
HP Stock Price Falls 23% to 6-Year Low
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HP's stock price fell 23% Friday morning to less than $23 a share. That's the lowest the stock has been since 2005.

The company's bold moves came after its webOS unit lost $336 million, mostly because of the doomed TouchPad launch. Sales for HP's consumer PC unit fell 23% in the last quarter. (Numerologists, take note of the recurring presence of the number 23.)

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