VMW Plunges 21%: Weak Year View, 7 Downgrades; Bulls Defend ‘Conservative’ Outlook
Shares of VMWare (VMW) continue their slide this morning following a better-than-expected Q4 report last night but a forecast for this quarter and the full year that disappointed. The stock is off $20.50, or 21%, at $77.82. There are at least seven downgrades this morning, that I can see, from Goldman Sachs, Sterne Agee, Morgan [...]
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