Dell, VMware stocks surge on report of plans for strategic shakeup

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Dell and VMware stocks are surging after hours on report of strategic shakeup

Shares of Dell Technologies Inc.

and VWware Inc. VMW, +0.83% rallied in the extended session Tuesday following a report that Dell was considering options for its considerable stake in VMware. Dell shares rallied 15%, following a 1.5% rise to close at $49.01, while VMware shares surged 8%, following a 0.8% gain to close at $149.23.

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Now, this is a surge I enthusiastically support!

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