Watching VMWare Shares; Traders Circulate Report Of China's Review Of Deal Width Broadcom
Portfolio Pulse from Benzinga Newsdesk
Traders are closely watching VMWare shares following a report that China is reviewing a deal with Broadcom. The details of the deal are not specified in the article.
October 17, 2023 | 6:43 pm
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NEUTRAL IMPACT
Broadcom's stock may be affected by China's review of a deal with VMWare.
The review of the deal by China could potentially impact the terms of the deal or even its completion, which could in turn affect Broadcom's stock price. However, without more details on the deal and the nature of the review, it's difficult to predict the direction of the impact.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
VMWare's stock may be affected by China's review of a deal with Broadcom.
The review of the deal by China could potentially impact the terms of the deal or even its completion, which could in turn affect VMWare's stock price. However, without more details on the deal and the nature of the review, it's difficult to predict the direction of the impact.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80