VMware Jumps After Shareholder Meeting
Shareholders seem buoyed by VMware's 69% growth rate for the first quarter, despite the company's reaffirmation of an overall growth forecast for 50% growth for the year, implying much slower growth for the balance of 2008. In January, executives forecast the company's slowest growth for the second half of the year.
EMC(EMC Quote), the majority owner of VMware, was up 93 cents, or 5.6%, to $17.61 in recent trading.- Loading Comments...
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