Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why VMware Stock Fell 9.5% Today

TheMotleyFool

0 0

Shares of virtual computing veteran VMware (NYSE: VMW) crashed on Friday, following the release of mixed fourth-quarter 2020 results. By 3 p.m. EST, the stock was down 9.5%.

VMware's fourth-quarter sales rose 11% to $3.07 billion, just ahead of Wall Street's consensus estimate of $2.95 billion. Adjusted earnings increased by 9% to $2.05 per diluted share. Here, your average analyst had been expecting earnings near $2.17 per share.

Image source: Getty Images.

Source Fool.com

Like: 0

VMW

Share