US IT Stocks Rebound 5% After 90% Decline

DXC Technology Company (DXC) closed at $11.94 on the New York Stock Exchange on April 30, up 5.44% from the previous day, roughly KRW 16,000. Trading volume was about 2 million shares, and market capitalization reached approximately $2.03 billion (around KRW 2.7 trillion), rising by about $117 million (roughly KRW 160 billion) in a single day.

The company is scheduled to announce its fiscal 2026 fourth-quarter results on May 14. In its third-quarter report in January, DXC provided guidance for roughly $3.2 billion in revenue, an adjusted operating margin in the 8% range, and about $650 million in annual free cash flow.

DXC Technology Company is a global IT services and consulting firm formed in 2017 through the merger of Computer Sciences Corporation (CSC) and Hewlett Packard Enterprise’s Enterprise Services division. It offers cloud, infrastructure operations, and application services in more than 70 countries worldwide. While its market capitalization once exceeded about $19 billion, it now stands at roughly $1.9–2.0 billion—nearly a 90% decline since 2017—and has fallen over 20% in the past year, as the company pursues restructuring and shifts its business focus toward AI.