How will EMC’s stock react to the VMware IPO?
Rosanna asks:
I am new to the world of investing and own some EMC. I read that EMC owns VMware and is going to make 10% of it public in an IPO mid Augest. How with this effect EMC’s stock? Would it be better to get into VMware after the IPO is released?
I am new to the world of investing and own some EMC. I read that EMC owns VMware and is going to make 10% of it public in an IPO mid Augest. How with this effect EMC’s stock? Would it be better to get into VMware after the IPO is released?
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The IPO is already in EMC’s stock price. It shouldn’t have much of an effect from here. EMC’s storeage market industry is increasing, so EMC would be a good stock.