New York, NY -- (ReleaseWire) -- 01/22/2013 -- Dell Inc. (NASDAQ: DELL) stock is currently at $13.17, up 2.57 percent from its previous close of $12.84. The stock made the up move with the volume of 48 million, about two times higher than its usual volume of 28 million shares. The stock is up on the rumors of Microsoft’s involvement in LBO of the company. Dell stock opened the session at $12.84 and touched its highest price point at $13.60. Its lowest price point for the session stood at $12.83. The stock is currently in bullish phase and may go up to $13.65 level. Its first support level is at $12.87.
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Microsoft Corp. (NASDAQ: MSFT) traded in the range of $27.05 and $27.45 during its current trading session so far. The stock had opened at $27.30 and is currently at $27.19, down 0.20 percent from its previous close of $27.25. Despite its down movement, the stock’s MACD chart shows mild bullish trend and the stock may touch $27.69 level in the coming session. The stock is also trading above its short term moving average price of $27.13. Microsoft is said to be in talks to participate in the LBO of Dell. The company may infuse $1 billion to $3 billion for this purpose.
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