An end-of-the-year look at the stock prices of some of the valley?s biggest tech companies, some of which were either beleaguered or went through big changes in 2011.
? HP, the world?s No. 1 PC maker, topped the year in drama once again, what with almost dumping the personal computer division, ceasing production of tablets and smartphones, firing CEO Leo Apotheker and bringing in Meg Whitman as chief executive. A day after the public consumption of the letter that details sexual-harassment accusations against former CEO Mark Hurd ? Apotheker?s predecessor who was forced to resign last year ? shares of the Palo Alto company are up about 1 percent to $25.85 as of this post. They reached the year?s high of $48.99 in February. Before Hurd?s departure in August 2010, Hewlett-Packard shares were hovering around $47.
? Yahoo also fired a CEO this year, and it is still without one as talk that the Silicon Valley icon might finally sell itself heats up. Carol Bartz was fired in September after investors and board members became impatient with her turnaround efforts amid competition from Google and Facebook. Since then, the Sunnyvale company?s board itself has been under scrutiny. Yahoo shares are up slightly today, less than 1 percent, to about $16.20. They reached a high of $18.65 and a low of $11.09 this year.
? Last but not least is the company whose fate over the next few years will be closely watched after the October death of its iconic co-founder and CEO, Steve Jobs. Shares of?Apple, which has recently alternated with Exxon as the world?s most valuable company, are about flat at $405 today. That?s about 4 percent less than the stock price?s high this year of $422.24. They finish the year about 23 percent higher. Apple?s new CEO is Tim Cook, the Cupertino company?s longtime No. 2 man.
Source: http://feedproxy.google.com/~r/merc-gmsv/~3/9KAU7oP1H90/stock-watch-hp-yahoo-apple.html
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