The shares closed at $230.27 on Thursday as the S&P 500 fell 0.38% to 7,337.11 and the Dow Jones Industrial Average dropped 0.63% to 49,596.97.
Dell underperformed the broader market and finished 3.83% below its 52-week high of $239.45, reached a day earlier on May 6.
Trading volume was 4.8 million shares, about 3.6 million below the stock's 50-day average of 8.5 million, indicating lighter-than-usual activity during the decline.
With a record AI backlog, why have Dell's top executives sold nearly half a billion dollars in stock recently?
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