Dell (DELL) No Longer a Mega-Cap Says S&P
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Price: $13.41 -0.52%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.4%
Revenue Growth %: +2.1%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.4%
Revenue Growth %: +2.1%
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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.
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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.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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