Abby Phillip Shocked By Dell's Surge Since Trump Bought It
Briefly

Abby Phillip Shocked By Dell's Surge Since Trump Bought It
Trump invested between $1 million and $5 million on February 10 when Dell traded around $122 per share. Dell’s stock then rose sharply, closing Friday at about $420 per share. The rally followed a $9.7 billion Pentagon contract received two days before the close and earnings that surpassed Wall Street estimates one day before. Trump also urged Americans to buy Dell on February 19 and reiterated the call on May 8. Dell’s stock is up 254% since the initial buy-urging, and the Pentagon has repeatedly hired Dell due to its long-standing government systems relationship.
"The graphic showed Trump invested between $1 million-$5 million on February 10, when the company was trading for about $122 per share; the chart then showed Dell's stock price darting higher it closed Friday at about $420 per share, two days after receiving a $9.7 billion Pentagon contract and one day after reporting earnings that easily surpassed Wall Street estimates."
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