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Dell, VMware Shares Rise in After-Hours Trading on Possible Spinoff

Shares of Dell and VMware were up in after-hours trading on Wednesday after Dell said it is "exploring" a spinoff of VMware. Dell made the announcement in a news release sent after close of trading on Wednesday, writing that a "potential deal could unlock value for shareholders." Dell owns a 81% stake in VMware. Read More...

Shares of Dell and VMware were up in after-hours trading on Wednesday after Dell said it is “exploring” a spinoff of VMware. Dell made the announcement in a news release sent after close of trading on Wednesday, writing that a “potential deal could unlock value for shareholders.” Dell owns a 81% stake in VMware.

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