VMWare (NYSE:VMW) Gains, Broadcom (NASDAQ:AVGO) Retracts With News on China Deal – TipRanks.com

VMWare (NYSE:VMW) Gains, Broadcom (NASDAQ:AVGO) Retracts With News on China Deal – TipRanks.com

There’s big news afoot for chip stock Broadcom (NASDAQ:AVGO) as it moves to purchase cloud computing stock VMWare (NYSE:VMW). More specifically, word has emerged about China’s stance on the deal, and it was enough to send VMWare stock heading upward, while Broadcom stock pulled back fractionally in Wednesday afternoon’s trading. China’s stance focused mainly on … Read more