Motley idiot
Why Dell stock bought cut in Half todayif you haven't been paying shut attention to Dell applied sciences (NYSE: DELL) inventory these days, you may have woken up to a shock these days. At a share rate of $55.12 as of 10:45 a.m. EDT, Dell shares appear to have been cut in half overnight, after closing at $111.51 per share Monday evening. in its place, what happened is that the day before today after close of buying and selling, Dell accomplished the spinoff of its eighty one% stake in VMware (NYSE: VMW), with no trouble dividing the company into two stand-on my own agencies and distributing a complete of 310.9 million shares of VMware (and a boatload of cash) amongst Dell shareholders.
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