DELL stock price

24 Jun: DELL stock is gaining today more than 8%

Dell Technologies Inc. (DELL) stock news At 1:23 PM ET time today DELL stock is up more than 8%, with a stock price of 53.27+4.26 (+8.69%). This stock price move is news based for DELL stock. “Dell Technologies shares jumped in trading Wednesday after The Wall Street Journal reported that the company was considering a spinoff of its valuable stake in VMware. If Dell goes ahead with a move, its stock (ticker: DELL) could have additional upside. In late morning trading, the shares were up 7%, at $52.50. Shares of VMware (VMW) are up nearly 3%, to $153.80. Dell’s 81% stake in VMware—about 338 million shares—is worth about $54 billion, or about $71 for every Dell share, based on a Dell’s fully diluted share count of 755 million shares. “We do think there is a tremendous amount of value within core DELL (ex-VMW) that isn’t factored into the current stock…