Dell's (DELL) Disappointment Weighs on Large Cap. Tech Stocks (AAPL, GOOG, RIMM, CSCO, ORCL, JNPR)

August 29, 2008 11:39 AM EDT

Dell's (Nasdaq: DELL) disappointing Q2 earnings are weighing on the broader markets in today's very low volume session of trading. With shares of Dell currently down about 12.6% to $22.04, big cap Nasdaq stocks are being pulled down, effectively bringing down the entire index: the Nasdaq Composite is down about 1.7%, compared to the Dow Jones and S&P 500, which are down only 0.9% and 0.94%, respectively.

Elsewhere on the Nasdaq:

  • Apple (Nasdaq: AAPL) down 1.9% to $170.48
  • Google (Nasdaq: GOOG) down 1.9% to $464.70
  • Research In Motion (Nasdaq: RIMM) down 4.2% to $121.29
  • Cisco (Nasdaq: CSCO) down 2.5% to $24.03
  • Oracle (Nasdaq: ORCL) down 3.6% to $21.82
  • Sun Microsystems (Nasdaq: JAVA) down 1.3% to $8.98
  • Juniper Networks (Nasdaq: JNPR) down 2.6% to $25.25
  • Brocade (Nasdaq: BRCD) down 2.3% to $7.38
Dell, Inc. and its subsidiaries engage in the design, development, manufacture, marketing, sale, and support of computer systems and services worldwide.


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Stocks Mentioned

AAPL 90.58

-2.12 -2.29%
Volume: 19,633,997
Track AAPL

BRCD 3.78

-0.04 -1.05%
Volume: 8,637,228
Track BRCD

CSCO 16.70

-0.84 -4.79%
Volume: 68,238,032
Track CSCO

DELL 11.12

-0.15 -1.33%
Volume: 36,530,192
Track DELL

GOOG 315.07

-10.12 -3.11%
Volume: 4,340,985
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JAVA 4.66

-0.01 -0.21%
Volume: 7,970,435
Track JAVA

JNPR 17.64

-0.55 -3.02%
Volume: 9,015,377
Track JNPR

ORCL 17.36

-0.26 -1.48%
Volume: 32,028,469
Track ORCL

RIMM 47.46

+0.96 +2.06%
Volume: 25,263,353
Track RIMM


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