India, June 2 -- Hewlett Packard Enterprise Company (HPE) shares surged 16.40 percent, gaining $7.71 to $54.71 on Tuesday, likely extending gains from the company's strong second-quarter results announced a day earlier.
The stock is currently trading at $54.71, compared with its previous close of $47.00 on the New York Stock Exchange. During the session, it opened at $63.06 and traded between $54.21 and $64.25. Volume reached 95.46 million shares, significantly above its average volume of 20.16 million shares.
The enterprise technology company reported a swing to profit as revenue climbed sharply, driven by robust growth in networking and AI-related infrastructure demand. HPE also raised its full-year guidance. Net earnings attributable t...