Why Dell Technologies Stock Crashed 11% Today

Dell Technologies (DELL -12.00%) stock tumbled 11% through 10:05 a.m. ET Wednesday after the company reported mixed earnings last night.Heading into the report, analysts forecast Dell would earn $2.06 per share in Q3. Dell beat that number, reporting pro forma profits of $2.15. However, the company's quarterly revenue fell short of expectations at $24.4 billion, versus Wall Street's expected $24.7 billion. Dell Q3 earnings were a mixed bagSales still grew 10% year over year, however, led by the company's in ...