Dell Falls Most Since 2000 After Missing Estimates on PCs

http://www.bloomberg.com/news/2012-05-22/dell-profit-forecast-miss-estimates-on-slumping-pc-sales.html

Dell Inc. tumbled the most in more than a decade after the company forecast fiscal second-quarter revenue that missed analysts’ estimates.

Dell slumped 17 percent to $12.49 at the close in New York, the biggest one-day decline since November 2000. The stock, which is down 15 percent this year, was the worst performer in the Standard & Poor’s 500 Index.