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Can anyone explain how VMware's stock jumped from $90 to $120 on May 23rd before this was announced? How did people know this was going to happen 3 days before
by system2 4y ago
Can anyone explain how VMware's stock jumped from $90 to $120 on May 23rd before this was announced? How did people know this was going to happen 3 days before anyone of us heard of it?
- ComradePhil 4y agoInsider trading... but the very people who are supposed to be preventing this are involved in thr same thing all the time.
- solarkraft 4y agoThere are various stages of this beyond the plain illegal. Some people watch secondary signs like private plane travel data, for example.
- garaetjjte 4y agoIt's been reported before: https://www.bloomberg.com/news/articles/2022-05-22/broadcom-said-to-be-in-talks-to-acquire-vmware https://www.bloomberg.com/news/articles/2022-05-22/broadcom-...
- rospaya 4y agoThere were rumours around, I think I even saw them on HN.