Dell Technologies Inc (NYSE:DELL) posted better than expected quarterly results today to boost Dell stock by 10% during Friday trading.
Dell Stock Struggling in 2019The Texas-based computer manufacturer reported second-quarter earnings of $4.5 billion, or $4.83 a share, on revenue of $23.4 billion, which is a 2% increase from the same period last year. However, the big surprise came from Dell’s PC unit, which reported revenue of $11.7 billion USD, a 6% increase from 2018. Due to falling consumer demand in the sector, Dell stock has been struggling throughout 2019 and is currently valued at ...
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