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Dell Dashes Momentum
Like a patient with a mysterious illness, Dell(DELL Quote) continues to surprise investors with unexpected and unpleasant changes in its condition.
The latest episode came in a dramatic fashion, as the PC maker delayed its third-quarter earnings release and conference call at the 11th hour and noted that government regulators have stepped up their investigation into its accounting practices.
The news caught Wall Street by surprise and sent Dell's shares down 4.1%, or $1.06, to $24.69 in recent trading Thursday. ...
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