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On Monday, Dell disclosed that founder and CEO Michael Dell sold 10 million shares at an average price of $122.40 during September, good for a whopping $1.22 billion.
Michael Saul Dell (born February 23, 1965) is an American billionaire businessman and investor. He is the founder, chairman, and CEO of Dell Technologies , one of the world's largest technology infrastructure companies.
The tech company is now private, but some people think a public offering could come soon.
Dell stock jumped 8% in January, followed by a 14% gain in February. It kept that momentum going in March with a 21% gain, and notched a 9% gain in April. The stock is up 95% year to date.
Michael Dell is one of the world's wealthiest people, with a net worth of more than $100 billion. ... He changed the company's name to Dell Computer Corp. in 1987, and sales continued to soar ...
Dell resumed trading on the New York Stock Exchange in 2018. “I think we are a remarkable example of a successful U.S.-based, multinational company that should be included in the S&P 500 ...
Dell decided to downsize its sales staff along with some managerial positions. Dell previously cut jobs by 10% between February 2023 to February 2024. ... Dell stock falls as Q4 revenue likely to ...
In late 2013, Michael Dell and Silver Lake Partners took the company private for $25 billion. ... Dell's stock would only rise roughly 320% to $500 and lift its market cap to about $370 billion ...