Dell Technologies shares fell 10% in after-trading after the company estimated Q4 revenue and earnings to fall below initial expectations.

Dell missed Wall Street expectations for third-quarter revenue on Tuesday, weighed down by weaker demand for its traditional PCs and stiff competition from rival server makers, sending its shares down more than 10% in extended trading.

There may be an opportunity to buy the dip in shares of PC maker Dell, according to Melius Research. Jim Cramer on Dell Technologies Inc. (DELL): ‘I Am A Huge Believer In Michael Dell And I Think We’re Lucky To Be Able To Invest Alongside Him’ Billionaire Ken Griffin Sold 91% of Citadel's Stake in Palantir and Nearly Tripled His Position in This Cutting-Edge Artificial Intelligence (AI) Stock Billionaire Israel Englander Sold 90% of His Palantir Stock and Is Buying an AI Stock Partnered With Amazon and Google Billionaire Israel Englander Sold 70% of Millennium's Stake in Nvidia and Is Piling Into a Supercharged Dividend Stock With a Nearly 12% Yield A Macy’s employee made accounting errors ‘intentionally,