VMware Declines on Slower Growth Warning: San Francisco Mover
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VMware Inc. shares fell the most since December after an analyst said growth at the biggest maker of software that lets computers run multiple operating systems may slow amid market saturation and competition.
The stock tumbled 7.2 percent to $94.35 at 1:27 p.m. in New York, after dropping as much as 8.5 percent, the biggest decline since Dec. 21. The shares had climbed 22 percent this year before today.