Scalper1 News
VMware (VMW) stock fell hard Monday as investors fretted over the prospect of more than half the software maker’s shares being back on the open market as a consequence of majority owner EMC’s (EMC) sale to privately held computer giant Dell. VMware stock was down 10% in afternoon trading in the stock market today, at a 26-month low near 71. Under the terms of Dell’s agreement to acquire EMC in a $67 billion deal, rumored last week and formally Scalper1 News
Scalper1 News