Dell (DELL) stock slides after-hours as investors weigh insider sale filing and next catalyst
Dell Technologies shares fell 5.4% to $145.18 in after-hours trading Tuesday, following a Form 144 filing showing Silver Lake plans to sell 179,400 shares. The drop came as oil prices and Treasury yields rose on Middle East conflict, pressuring tech valuations. Dell’s board declared a $0.63 quarterly dividend, payable May 1. CFO David Kennedy is set to speak at a Morgan Stanley conference Wednesday.