Dell leaps 17% after confirming potential spin-off of software firm VMware, Bank of America raises price target
8:24am PDT - July 16th, 2020 netflix stock - Business Insider- Dell shares shot as much as 17% higher on Thursday after the company confirmed it's mulling a spin-off of its $50 billion stake in software firm VMware.
- Such a transaction wouldn't take place before September 2021 and the two companies would…