India, Oct. 30 -- Dell Technologies Inc. (DELL) is down 12.38 percent, losing $58.85 to $416.66 on Friday. The decline follows a warning from Intel that memory shortages and higher prices are weighing on PC demand, with customers signaling a slowdown and original equipment manufacturers managing inventory to match softer sales. The pressure could weigh on Dell's PC business while tighter memory supply raises component costs and limits shipments.
Dell Technologies is currently trading at $416.66, down from the previous close of $475.51 after opening at $419.03 on the New York Stock Exchange. The stock has traded between $413.00 and $441.08 during the session. Trading volume stands at 5.65 million shares, compared with average volume of 7.53...