The software maker VMware Inc. (VMW) declared its IPO(Initial Public Offering) on Monday in NYSE with $20bn market value mentioning $29.00 each stock.
Surprisingly, the shares are soaring at 84% and reached $53.50, the way it goes is more than the way it went with Google Inc when it came to IPO.
FYI: The key uses of VMware are the companies which run several "virtual" machines on a single computer to reduce hardware and other costs.
Look into for further info: Google Finance
