Business

MARKET MOVERS

Unexpected rise in PC sales lifts HP

Hewlett-Packard Co.

Hewlett-Packard’s stock, which has fallen 2.6 percent this year, was the fifth-best performer in the S&P 500 index Thursday.

Hewlett-Packard Co., the world’s biggest personal-computer maker, rose the most in three years after Gartner Inc. said the global PC industry unexpectedly grew in the first quarter. The Palo Alto, Calif., company accounted for 17.2 percent of worldwide PC shipments, the research firm said. Total global PC shipments climbed 1.9 percent to 89 million units, after predictions of a 1.2 percent drop, Gartner said.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com