
VMware's stock symbol is NYSE: VMW. This is the ticker symbol used to identify the company on the New York Stock Exchange.
VMware is a leading provider of cloud and virtualization software. The company has a long history of innovation in this space.
In 2021, VMware announced a partnership with Broadcom, a leading technology company. This partnership has significant implications for VMware's future growth and development.
The partnership with Broadcom is expected to provide VMware with additional resources and expertise.
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VMware Stock Symbol
VMware is traded on the New York Stock Exchange (NYSE) under the stock symbol VMW.
The stock symbol VMW is widely recognized in the financial industry.
VMware's stock symbol has been the same since the company's IPO in 2007.
VMware's stock is listed under the Information Technology sector on the NYSE.
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Analyst Insights
Analysts are giving a lukewarm thumbs up to VMW stock, with 5 experts recommending a "Hold" rating.
The consensus is clear, with no analysts predicting a significant price change for VMW stock.
According to analyst forecasts, the 12-month stock price forecast is $158.5, which is a no change from the latest price.
This suggests that analysts are expecting stability rather than growth or decline in the stock's value.
The analysts' average rating is a "Hold", indicating a neutral stance on the stock's performance.
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Financial Overview
VMware's stock symbol is VMW, and it's listed on the New York Stock Exchange (NYSE).
The company has a market capitalization of over $60 billion, making it one of the largest tech companies in the world.
VMware's revenue has been steadily increasing over the years, reaching a high of $13.3 billion in 2020.
This growth can be attributed to the company's strong presence in the virtualization and cloud computing markets.
VMware's net income has also been on the rise, reaching a high of $1.6 billion in 2020.
The company's financial performance has been impressive, with a revenue growth rate of 10% in 2020.
VMware's stock price has also been on the rise, reaching an all-time high of over $250 per share in 2020.
The company's financial stability and growth prospects have made it an attractive investment opportunity for many investors.
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Broadcom Closes Purchase
Broadcom has finally acquired VMware after a year and a half of waiting.
The acquisition was approved by Chinese regulators, allowing the deal to move forward.
Broadcom has acquired VMware, a rival software firm.
Broadcom Partnership Windfall for Holders
Holders of VMware will receive a significant windfall in the Broadcom tie-up, which is expected to be completed on Wednesday.
The acquisition is valued at a whopping $69 billion, making it a major deal in the tech industry.
Broadcom and VMware have cleared all regulatory hurdles and are now poised to finalize their merger.
This means that investors who hold VMware stock will likely see a substantial gain as a result of the acquisition.
The combined company will be a leading player in the cloud technology space, with a strong portfolio of products and services.
Broadcom and VMware expect to close their merger on Wednesday, after receiving all necessary regulatory approvals.
The companies had been waiting on final approval, but now they're ready to move forward with the deal.
Investors who have been holding onto VMware stock may want to keep an eye on the market over the coming days as the acquisition is finalized.
Frequently Asked Questions
What happened to my VMW stock?
VMware shares stopped trading on the NYSE after Broadcom completed its acquisition of the company. You can find more information about the acquisition and its impact on your stock.
What is the price of VMware stock today?
The current price of VMware stock is $142.48 per share on the NYSE. Check the latest market trends and analysis to make informed investment decisions.
Is VMware a buy, sell, or hold?
VMware has a consensus rating of Hold, with no buy ratings and no sell ratings from Wall Street analysts. The majority of analysts recommend holding onto VMware stock, but you may want to explore the latest price targets and analyst opinions for a more informed decision.
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