DELL - 1 No-Brainer Artificial Intelligence (AI) Stock Down 26% to Buy Hand Over Fist Right Now
2024-06-08 03:55:00 ET
Share prices of Dell Technologies (NYSE: DELL) have shot up an impressive 190% in the past year, but its red-hot rally hit an iceberg on May 30 following the release of the company's fiscal 2025 first-quarter results (for the three months ended May 3).
Dell's stock price plunged 18% in a single session following the earnings report release. Dell reached its latest 52-week high on May 29, and it has lost nearly 24% of its value since then.
Let's see why investors pressed the panic button following Dell's latest report, and check if it could be a buying opportunity for investors.
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1 No-Brainer Artificial Intelligence (AI) Stock Down 26% to Buy Hand Over Fist Right Now