When Michael Dell handed over the CEO title to Kevin Rollins in 2004, he remained as chairman of the board. Yesterday, after Rollins resigned, Michael Dell took back over as CEO and will remain as chairman. Even though the company has endured some bad times and just announced that it will miss fourth quarter revenue and earnings estimates, after it was announced the Michael Dell was taking over, the stock rose $1, or 4.1%.
WSJ.com
USA Today
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