Why Is Dell Technologies Stock Soaring Friday? - Dell Technologies (NYSE:DELL)

Dell Technologies Inc. (NYSE:DELL) shares rocketed in premarket trading on Friday after the company posted a fourth-quarter earnings report that beat Wall Street expectations on both revenue and profit.The Numbers Behind the PopDell reported fourth-quarter earnings of $3.89 per share, topping the consensus estimate of $3.53 by more than 10%. Revenue came in at $33.38 billion, clearing the Street’s $31.73 billion estimate and surging from $23.93 billion in the year-ago period.The company also announced a 20% ...