Dell Technologies Shares Drop 12% Amid Broader Technology Sector Sell-off
Dell Technologies (DELL) experienced a significant decline on Friday, with its stock price falling nearly 12%. The shares dropped by $55.73 during the final hour of trading to settle at $419.78. The sell-off in Dell's stock occurred against a backdrop of broader weakness across the technology sector. This downward pressure was reflected in the performance of the XLK technology ETF, which also saw notable declines as investors pulled back from tech holdings.
Topics: market volatility stock price drop technology sector