Finally the market is seeing the truth behind the smoke and mirrors:
"-Despite reporting in-line results in Q4, HPE stock fell on news of CEO Meg Whitman's departure.
-HPE fundamentals are still a complete mess, with declining revenues in its core server products.
-The software business, once considered the lynchpin of HPE post-split, has been sold to MicroFocus for $8.8 billion, eliminating a major growth driver for the company.
-High memory prices, specifically for NAND flash, continued to eat into HPE's margins.
-HPE lacks direction, and even new leadership won't be able to shake it up in the near term. Continue to avoid this stock, despite its new lows. (...)"
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