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VMWare shares rocket on IPO
Business and Law Brief

VMWare shares rocket on IPO

Humphrey Cheung

New York (NY) – Shares of VMware nearly doubled today in its first day of trading.  VMare’s offering price was set at $29 dollars, but high demand pushed the opening price to $52 dollars on the New York Stock Exchange.  Shares are currently hovering around $50.

Read more … Reuters.