AI predicts Dell stock price for year-end
Dell Technologies(DELL) Finbold·2024-11-02 03:43
Dell Technologies Inc. (NYSE: DELL) has emerged as a key beneficiary from recent financial turmoil at Super Micro Computer Inc. (NASDAQ: SMCI). Super Micro’s stock tumbled over 29% to $34.68 after Ernst & Young (EY), the company’s auditor, resigned due to concerns about Super Micro’s financial practices. This led to speculation that Super Micro could face delisting from the Nasdaq, raising alarm bells that triggered a shift in investor support to Dell. Dell’s stock surged by 6.4% to close at $129.40 followi ...