Dell Technologies (DELL) Surges 11.2%: Is This an Indication of Further Gains?
Dell Technologies(DELL) zacks.com·2024-05-16 23:21
Dell Technologies (DELL) shares ended the last trading session 11.2% higher at $149.16. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10.8% gain 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 $1.20 p ...