Dell Technologies (DELL) Surges 7.9%: Is This an Indication of Further Gains?
Dell Technologies(DELL) Zacks Investment Research·2024-02-23 18:16
Dell Technologies (DELL) shares soared 7.9% in the last trading session to close at $87.79. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.8% loss over the past four weeks.Dell is benefiting from strong demand for AI servers driven by ongoing digital transformation and heightened interest in generative AI applications.This computer and technology services provider is expected to post quarterly earnings of $1.73 per share in it ...