Dell shares have best day since return to stock market in 2018
Publishing timestamp: 2024-03-01 16:14:54
Summary
Dell had its best day on the stock market since relisting in 2018, with shares surging 31% after posting fiscal fourth-quarter results that beat estimates. The company also announced an increase in its annual dividend and expects strong revenue for the first quarter. Analysts are bullish on Dell's AI server strength and dividend increase, with price targets being raised.
Sentiment: POSITIVE
Tickers: DELL,
Keywords: business news, earnings, dell technologies inc, technology, breaking news: technology,
Source: https://www.cnbc.com/2024/03/01/dell-shares-have-best-day-since-return-to-stock-market-in-2018.html