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Dell Loses 18% in a Week as Barclays Shakes AI Optimism

By Damilola Esebame

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Source excerpt · FinanceFeeds

Dell Technologies shares fell approximately 17% in two days after Barclays downgraded the stock on Oct. 14. Shares closed at roughly $507.93 on the day of the downgrade , an 11.6% decline, and closed at $473.39 on Oct. 15, leaving the stock nearly 20% below its mid-September record closing price, Investing Live reported . Barclays analyst Tim Long cut Dell from Overweight to Equal Weight and lower…