Dell falls about 4% on results day as investors take profits after big run

Dell shares fell about 4% to $437.81 in midday trading on September 1, the day the company reported results. Analysts described the drop as pre-earnings de-risking and profit-taking after a large rally this year. Coverage also noted that a global bond selloff had pushed the 10-year Treasury yield to 4.8%, a headwind for the most highly valued AI stocks.

• Midday price $437.81, down about 4% on September 1
• Reason given: pre-earnings de-risking and profit-taking after a large run
• 10-year Treasury yield reached 4.8% in a global bond selloff