Dell Inc. Drops!
Today Dell Inc. had a really bad day trading day on Wall Street. Their shares dropped more than 10 percent because of cutbacks by big corporation on information technology. A lot of big company’s out there have really started to hold back on spending in the tech areas. These big companies are basically working with what they have. And when that happens company’s like Dell will feel the pinch. Dell reported a huge drop of 17 percent decline in quarterly profit related to the cutbacks from big corporate spending. And now it’s our turn to feel the cutbacks, by our shares losing value. Dell’s shares ended after some extended hours of trading to $22.64. Of course this won’t just be happening to Dell, others will start showing the same results.
