EMC Loses $13 Billion in Stock Value in a Month

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Stock market plunges yet again, EMC loses $13B in stock value in a month
Hopkinton, Mass.-based EMC, the maker of data-storage gear and software, saw its stock fall $2.23, or 10 percent, to $20.28. The stock is off 24 percent in the past month, erasing about $13 billion in stock value. EMC’s market cap is currently about $42 billion.