Thursday, May 24, 2012

Washington Post: Dell Falls Most Since 2000 as Forecast Misses Estimates

Dell's market cap is now ~4.1% of Apple's
"Dell Inc. tumbled the most in more than a decade after the company forecast fiscal second-quarter revenue that missed analysts’ estimates.
Dell slumped 17 percent to $12.49 at the close in New York, the biggest one-day decline since November 2000. The stock, which is down 15 percent this year, was the worst performer in the Standard & Poor’s 500 Index."
Business: Washington Post Business Page, Business News
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