Dell Stock Plummets 50% Amid Insider Sales and Missed Estimates

Dell Technologies Inc. has experienced a significant decline in its stock value, with shares dropping by 50% since May 30. This downturn follows a period where insiders sold billions of dollars worth of stock at much higher prices. The company's recent performance has fallen short of expectations, with earnings per share (EPS) anticipated at $6.45 and revenues projected at $1.95 billion as of early June. The decline raises questions about the impact of current economic conditions, including interest rates, on the company's financial health.