After-Hours Volume Surge: DELL (DELL)

Posted in General  by: admin
July 1st, 2008

Dell Inc. (NASDAQ: DELL) is seeing a surge in after-hours trading and this doesn’t look at all like end of day settlements.  Shares closed up 1.3% already at $22.18 today, but as of 4:24 PM EST we have seen an additional 981,000 shares trade and the last prints were at $22.70.

It turns out that Michael Dell over the last 3 days spent $100 million buying DELL shares in the open market.

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