Why Dell Technologies Stock Took a Dive Last Week
A Wall Street downgrade citing concerns over the pace of corporate artificial intelligence adoption sent Dell Technologies (NYSE:DELL) tumbling 22.9% last week.
Dell stock changed hands at $451.71 as of the close on Friday, Oct. 15, down 22.9% from last Friday’s close. Over the same period, the S&P 500 (SNPINDEX:^GSPC) fell 1.95%, and the Nasdaq-100 was down 5.49%.
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