Dell Stock Falls On Unusually High Volume (DELL)

Dell (Nasdaq:DELL) is trading at unusually high volume Friday with 40 million shares changing hands. It is currently at two times its average daily volume and trading down 40 cents (-3%).
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

Dell

(Nasdaq:

DELL

) is trading at unusually high volume Friday with 40 million shares changing hands. It is currently at two times its average daily volume and trading down 40 cents (-3%) at $12.91 as of 2:26 p.m. ET.

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Dell has a market cap of $23.5 billion and is part of the technology sector and computer hardware industry. Shares are up 32% year to date as of the close of trading on Wednesday.

Dell Inc., an information technology company, provides a range of technology solutions worldwide.

TheStreet Ratings rates

Dell

as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and poor profit margins. You can view the full

Dell Ratings Report

.

See all heavy volume stocks in our

stocks moving on unusual volume list

or get investment ideas from our

investment research center

.

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.

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