Dell shares rally around 7% on $9.7 billion Pentagon deal, Q1 earnings in focus
Dell Technologies Inc. shares rallied around 7% on Thursday, energized by the announcement that one of its business units secured a massive $9.7 billion defense contract from the Pentagon, just hours before the hardware manufacturer’s first quarter financial results.
The tech giant is slated to release its fiscal first quarter earnings report on Thursday, May 28, immediately following the closing bell.
