Dell Surges 80% in 20 Days Since Trump's Endorsement, Market Cap Gains $120 Billion

GateNews

According to BlockBeats, Dell shares have surged 80% since May 8 when Trump publicly urged investors to buy the stock, pushing the company's market capitalization up by approximately $120 billion as of May 29.

The rally was also driven by Dell securing a $9.7 billion U.S. Department of Defense contract and quarterly earnings that exceeded market expectations.

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