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VMware: Speculation of No Dell Deal Is a Good Deal for the Stock

Shares of virtualization-software pioneer VMware (VMW) are up more than 6% to $129 this morning, after Bloomberg reported over the weekend that privately held Dell is "leaning against" the idea of buying the portion of VMware it doesn’t already own. Dell is the majority owner of VMware, and the prospect that Dell might buy VMware, rumored for more than a month, has been weighing on VMware shares. The tracking stock for Dell's stake, Dell Technologies (DVMT), is just about flat, at $72.85.