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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.
Michael Dell Tony Avelar/AP Images for Dell Inc. Dell's surging stock has supercharged its founder's net worth, raising it from about $45 billion two years ago to $122 billion.
The tech company is now private, but some people think a public offering could come soon.
With big gains today, Dell stock is now up roughly 95.5% across 2024. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways ...
The average price of a new car was $10,400.The Dell IPO: Dell founder Michael Dell dropped out of college in 1984 at age 19 to start computer company PC's Limited.
Even with a more generous forward price-to-earnings ratio of 20, Dell's stock would only rise roughly 320% to $500 and lift its market cap to about $370 billion. So unless its growth unexpectedly ...
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