Why Dell Stock Surged Today

·2 min read
Why Dell Stock Surged Today

Shares of Dell Technologies (NYSE: DELL) climbed 12.9% on Friday after the computer maker reported strong sales and profit growth. Dell's revenue jumped 16% year over year to $26.1 billion in its fiscal 2023 first quarter, which ended on April 29. Sales in Dell's Infrastructure Solutions Group -- which provides servers, storage, and networking solutions to corporate clients -- grew by 16% to $9.3 billion.

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