BUZZ-Shares of PC makers jump after Lenovo's revenue tops estimates
HP Inc.
Dell Technologies, Inc. Class C
HP Inc. HPQ | 0.00 | |
Dell Technologies, Inc. Class C DELL | 0.00 |
** Shares of Dell Technologies DELL.N leap 14.6% to $289.71 and HP Inc HPQ.N climb 12.1% to $24.55 in morning trading
** China's Lenovo Group 0992.HK reported a better-than-expected 27% jump in quarterly revenue
** Lenovo's PC, tablet and smartphone division - its biggest revenue source - reported a 24% increase in revenue in the quarter that ended in March, the highest quarterly growth rate in five years
** DELL stock has more than doubled, while HPQ has advanced 7.4% YTD
