Dell Stock Falls On Unusually High Volume (DELL)
NEW YORK (
) --
(Nasdaq:
) 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
. 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
.
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