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5 Things To Know About The New Public Dell And Dell's Stock

Here are five things customers and partners need to know about the new public Dell Technologies after the company hit the New York Stock Exchange on Dec. 28, 2018.

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DELL Opens At $46

On Dec. 28, the Round Rock, Texas-based infrastructure giant debuted on the New York Stock Exchange at $46 per share under the ticker symbol “DELL”. The company issued approximately 150 million shares of its new DELL Class C common stock in connection with the deal. Dell's market cap is roughly $17 billion and has approximately 718 million in common stock in total. The DELL stock reached a high of $49.10 per share, but is currently hovering around $47 per share as of Jan.2.

Dell's fiscal year 2019 revenue guidance still remains the same as a public company with sales expected to be between $90 billion to $92 billion. Dell's Technologies former DVMT Class V common stock has stopped trading.

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