VMWare (NYSE: VMW) reported a very strong quarter today. Analysts were expecting $0.35 per share, which was blown away by VMWare's $0.39 earnings. Guidance for the next quarter was up as well, above analysts estimates.
Yet the stock was down 5.68% in after hours trading. After hours trading is usually done on less volume. Retail investors tend to trade at this time, leaving institutional investors out. It frequently does not reflect how trading will be the next morning. However institutional investors looking to get in on VMWare may see the fall as an opportunity to beef up their portfolios.
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