VMWare off to good start with IPO offering
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VMWare off to good start with IPO offering

IPO launched out of the gate with an initial trade of $52 a share, reports [url=http://news.com.com/8301-10784_3-9759545-7.html?part=rss&subj=news&tag=2547-1_3-0-5]CNET[/url]. VMware investors who snapped up shares at $29 a pop as part of the IPO offering reaped a profit of 79 percent on that first trade.

"VMware is poised to be the No. 1 first-day gainer for the year," Richard Peterson, director of capital markets research for Thomson Financial, told CNET. "And although it was anticipated to be well-received, it came out on a day when the overall markets are down by 150 points, making its debut all the more impressive."

Have you signed up for the [url=http://www.macsimumnews.com/index.php/archive/join_the_apple_nation_panel_community]Apple Nation Panel[/url] yet?

 
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