VMware shares are trading lower following an FT report suggesting China is weighing delaying approval of the company's Broadcom deal.
Portfolio Pulse from Benzinga Newsdesk
VMware shares are trading lower following a Financial Times report suggesting that China is considering delaying approval of the company's deal with Broadcom.
October 19, 2023 | 2:26 pm
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VMware's stock price is trading lower due to potential delay in approval of its deal with Broadcom by China.
The news of potential delay in approval of VMware's deal with Broadcom by China has led to a decrease in VMware's stock price. This is because the delay could impact the company's future growth and expansion plans, leading to uncertainty among investors.
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