Tag Archives: vmw

VMware Stock Falls As Investors See EMC-Dell Pullout

VMware (VMW) stock gapped down Thursday as rumors swirled that its controlling shareholder, EMC (EMC), might merge with privately held computer company Dell and sell off VMware. VMware stock was down 6%, near 77, in afternoon trading in the stock market today. For several months, shareholders have been pressuring EMC to divest its 80% stake in the enterprise-software maker, but to no avail. The Wall Street Journal reported late Wednesday that Dell

CyberArk, Other Tech Stocks Oversold, Analysts Say

Have some techs gotten oversold in the rough stock market? Tech stocks getting new upgrades or favorable comments from analysts — not just in spite of the volatile stock market, but also partly because of it — include CyberArk Software (CYBR), VMware (VMW) and Zebra Technologies (ZBRA). CyberArk stock has tumbled 18% since August 19, the last time it was near its key 50-day moving average, so Piper Jaffray analyst Andrew Nowinski wrote Tuesday

VMware Stock Price Target Raised — And Lowered

VMware (VMW) stock was defying a down market midday Tuesday, as research reports weighed in on the company’s annual analyst day event Monday. The No. 1 maker of virtualization software — which can cut an enterprise’s hardware needs and expenses — got both a price target hike and a price target cut after the event. But VMware stock was up a fraction in midday trading in the stock market today, near 80. Robert W. Baird analyst Jayson Noland raised