Stock in HP and Dell Is Sliding After Earnings. The Reasons Are Different.

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Aug. 27, 2021 11:49 americium ET

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Investors are selling shares of some Dell Technologies and HP Inc. connected Friday, aft some PC makers posted fiscal results aft the adjacent of trading connected Thursday. But portion the companies are rivals, the dynamics successful the declines are rather different.

Dell (ticker: DELL) shares are taking the harder hit, though the institution had the much awesome quarter. Revenues for Dell’s fiscal 2nd quarter, ended July 31, were $26.1 billion, up 15%, accelerating from 12% maturation successful the April quarter, and astir $600 cardinal up of Street...

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