Dell’s 1.39% Drop Amid 101.23% Volume Surge to $1.29B Ranks 49th in Trading Activity

, 2025, , . The decline followed the unexpected resignation of CFO , who served a two-year term after a near-30-year tenure at the company. , a 27-year Dell veteran, was appointed interim CFO, signaling continuity in leadership as the firm searches for a permanent successor. McGill’s exit, not linked to financial disputes, comes amid ongoing margin pressures despite record AI server revenue.

McGill’s leadership was pivotal in scaling Dell’s AI business, earning her recognition as Gartner’s “CFO AI-Champion of the Year.” However, , . JPMorgan analysts noted the CFO transition is unlikely to disrupt Dell’s strategic focus on AI growth and cost management, . .

The timing of the leadership shift, just ahead of Dell’s Strategic Analyst Meeting, has sparked speculation about strategic adjustments. Yet analysts emphasize the board’s confidence in value creation, with Kennedy’s appointment ensuring operational continuity. Dell’s ability to navigate supply chain costs and tariff impacts, while expanding AI infrastructure leadership, remains central to its near-term outlook. The company reiterated its full-year financial guidance, underscoring stability in execution despite the executive change.

I understand the strategy you have in mind—each trading day, form an equal-weighted portfolio of the 500 U.S. stocks with the highest dollar trading volume, hold that basket for one day, then rebalance on the next day—and evaluate its performance from 1 Jan 2022 through today. At the moment, the back-testing tools integrated in this workspace are designed for single-ticker strategies rather than dynamically re-formed multi-stock portfolios. To run your test faithfully we would need a dedicated multi-asset portfolio engine (or a pre-constructed index that already tracks “top-500-by-volume” each day), which isn’t available here yet.