HP Inc., Silk Road Medical, Walgreens, Fresenius Medical, Birkenstock, and More Stock Market Movers

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HP Inc. is increasing its annual dividend by 5%, Silk Road Medical reduces full-year revenue guidance, and Birkenstock makes its trading debut Wednesday.

Stock futures rose slightly Wednesday following three straight days of gains for Wall Street that have come amid an easing of bond yields. Traders were awaiting fresh U.S. inflation data both Wednesday and Thursday.HP Inc. , the maker of computers and printers, said it was increasing its annual dividend by 5% and forecast fiscal 2024 free cash flow of between $3.1 billion and $3.6 billion.

Silk Road Medical was falling 39% in premarket trading after the medical device company estimated full-year revenue at $170 million to $174 million, below previous guidance of $180 million to $184 million. Analysts had expected full-year revenue of nearly $182 million.

 

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