Business
Why the Dicker Data (ASX:DDR) share price almost hit a record high today
The Dicker Data Ltd (ASX: DDR) share price has been a positive performer on Friday.
In afternoon trade the technology hardware, software, and cloud distributor’s shares are up 1.5% to $11.76.
This leaves the Dicker Data share price trading just a stone’s throw away from its record high of $11.96.
Why is the Dicker Data share price on the rise today?
Investors have been buying Dicker Data’s shares on Friday following the release of an announcement after lunch.
According to the release, the company has been appointed as the newest Australian distributor for industry-leading cloud, networking, digital workspace, and security vendor, VMware.
The release explains that this appointment was made following a mammoth 16-month global…
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