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Corel Stock Prices Rise After HP Announcement

by - source: Tom's Hardware

Canadian software developer, Corel, saw its stock prices take an upward jump on both the Toronto Stock Exchange and on the Nasdaq after Hewlett-Packard announced that it had selected Corel's WordPerfect and Quattro Pro products as a standard desktop installation option. Corel's shares increased 17.6% (C$.21) on the Toronto Stock Exchange to close at C$1.40; Corel's shares on the Nasdaq increased 18.7% (US$.14) to close at US$.89.

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