Dell Technologies Plunges 7.85% Amid Morgan Stanley Downgrade

On April 3, 2025, Dell Technologies' stock price dropped by 7.85% in pre-market trading, marking a significant decline for the technology giant.

Dell Technologies' recent stock performance has been influenced by several key factors. Last week, the company's share price saw a 2.5% increase, which coincided with Fluidstack's announcement of deploying Exascale clusters. This development likely contributed to investor optimism, driving the stock price higher.

Additionally, Morgan Stanley recently adjusted its price objective for Dell Technologies, reducing it from $154.00 to $128.00 while maintaining an "overweight" rating. This adjustment reflects the firm's assessment of the company's current market position and future prospects, which may have influenced recent trading activity.