Dell (DELL) No Longer a Mega-Cap Says S&P
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Illustrating its precipitous fall from grace, PC maker Dell Inc. (Nasdaq: DELL) was removed from the S&P 100. It will be replaced by Abbott Laboratories (NYSE: ABT) stub AbbVie Inc. (NYSE: ABBV).
S&P said with a market capitalization below $18.5 billion it is no longer representative of the mega-cap market space.
The change will take place after the close of trading on Monday, December 31.
S&P said with a market capitalization below $18.5 billion it is no longer representative of the mega-cap market space.
The change will take place after the close of trading on Monday, December 31.
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