Shares of VMware, Inc. (VMW) are trading up 2.73% at $91.38 per share during the Monday afternoon trading session. The stock broke out to the upside earlier, rallying as high as 3% as it lifted up toward its Dec. 13 multi-year intraday high of $91.95. There is no news in the name.
Trading volume for the $37 billion market cap co. has been light, with 1.1 million shares having been traded today, still less than half the daily average volume of 3 million shares.
The day’s trading range for the ticker has been between $88.05 and $91.50 per share.
At last check, VMW was up $2.30, or 2.59%, to $91.18.
Disclosure: No Position
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