Dell Loses Its PC Lead

Investors sold the stock Thursday on news that rival HP shipped more PCs in the third quarter

Investors sold Dell (DELL) stock more than 6% on Oct. 19, after the release of statistics showing that the Round Rock (Tex.) heavyweight lost its lead in personal computer shipments to its Palo Alto (Calif.) rival Hewlett-Packard (HPQ).

To continue reading this article you must be a Bloomberg Professional Service Subscriber.