financetom
Business
financetom
/
Business
/
Dell Shares Fall On Surprise CFO Departure: What Investors Need To Know
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Dell Shares Fall On Surprise CFO Departure: What Investors Need To Know
Sep 9, 2025 9:08 AM

Dell Technologies Inc ( DELL ) shares are trading lower Tuesday following the announcement that Chief Financial Officer Yvonne McGill will be stepping down after a nearly 30-year tenure with the company. David Kennedy, a senior vice president of Global Business Operations, has been appointed as the interim CFO, effective immediately.

What To Know: The leadership shake-up comes shortly after Dell's late August second-quarter earnings report, which showcased booming demand for its AI servers but also revealed struggles with profit margins due to rising costs and competitive pressures.

While the company surpassed revenue expectations, its third-quarter EPS guidance fell short of Wall Street estimates, signaling ongoing margin challenges.

Despite the abrupt C-suite change, Dell has reaffirmed its fiscal 2026 third-quarter and full-year guidance. However, the sudden departure of its finance chief has introduced a new layer of uncertainty for investors, who are now weighing the company’s strong position in the AI hardware market against concerns over profitability and executive stability. The company has initiated a search for a permanent CFO.

Benzinga Edge Rankings: Potentially reflecting the company’s position in the AI market, Benzinga Edge rankings give Dell an exceptional Growth score of 90.91.

Price Action: According to data from Benzinga Pro, DELL shares are trading lower by 1.38% to $121.38. The stock has a 52-week high of $147.66 and a 52-week low of $66.24.

Read Also: This Bond ETF’s Wild Rally Echoes The Pandemic Market Chaos

How To Buy DELL Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Dell Technologies’ case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

Image: Shutterstock

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Canadian Natural Resources Q4 Adjusted Earnings, Revenue Fall
Canadian Natural Resources Q4 Adjusted Earnings, Revenue Fall
Mar 6, 2025
05:30 AM EST, 03/06/2025 (MT Newswires) -- Canadian Natural Resources ( CNQ ) reported Q4 adjusted earnings Thursday of 0.93 Canadian dollars ($0.65) per diluted share, down from from CA$1.17 a year earlier. Analysts polled by FactSet expected CA$0.93. Revenue for the quarter ended Dec. 31 was CA$9.47 billion, compared with CA$9.55 billion a year earlier. Analysts polled by FactSet...
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Mar 6, 2025
March 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday: ** Norway's government said it will sell its 15% stake in Eksportfinans to Norwegian bank DNB. ** Semiconductor solutions provider Allegro MicroSystems ( ALGM ) rebuffed a $6.9 billion takeover approach from Onsemi , saying the offer was inadequate as it refused...
RTX's Pratt & Whitney, Collins Aerospace to Provide Key Systems for JetZero Blended Wing Aircraft
RTX's Pratt & Whitney, Collins Aerospace to Provide Key Systems for JetZero Blended Wing Aircraft
Mar 6, 2025
05:26 AM EST, 03/06/2025 (MT Newswires) -- RTX (RTX), an aerospace and defense company, said early Thursday that it entered into three agreements with JetZero, a developer of blended wing-body aircraft. RTX said its businesses Pratt & Whitney and Collins Aerospace will provide key systems for JetZero's full-scale demonstrator, an experimental aircraft for testing and validating new technologies and designs....
ProFrac Q4 Loss Widens, Revenue Decreases
ProFrac Q4 Loss Widens, Revenue Decreases
Mar 6, 2025
05:21 AM EST, 03/06/2025 (MT Newswires) -- ProFrac ( ACDC ) reported a Q4 net loss Thursday of $101.7 million, widening from a loss of $96.5 million a year earlier. Four analysts polled by FactSet expected a loss of $61.8 million. Revenue for the quarter ended Dec. 31 was $454.7 million, down from $489.1 million a year earlier. Analysts surveyed...
Copyright 2023-2026 - www.financetom.com All Rights Reserved