Dell shares have best day since return to stock market in 2018
Dell Technologies(DELL) CNBC·2024-03-01 18:26
Dell is having its best day since founder Michael Dell brought the company back to the stock market in 2018. Shares of the PC and server manufacturer surged 29% on Friday to $121.88, after the company posted fiscal fourth-quarter results that beat estimates. That tops the stock's 21% gain from Sept. 1, which followed a better-than-expected earnings report.For the latest quarter, Dell reported revenue of $22.32 billion, down 11% from the year-ago quarter but eclipsing the $22.16 billion analysts were expecti ...