Cloud Stocks Face A Thunder Storm

Videos — By on Wednesday, January 30th, 2013

Cloud Stocks Face A Thunder Storm

www.inthemoneystocks.com This morning, the S&P 500 Index e-mini futures (ES-H3) are trading lower by 3.00 points to $1494.00 per contract. Traders and investors seem to be taking a breather from the recent rally. Last night, leading cloud computing stock VMWare Inc (NYSE reported earnings that were below expectations. The stock is plummeting lower by nearly 20.0 percent. This one leading stock is likely to drag down most other cloud computing stocks such as Citrix Systems Inc (NASDAQ:CTXS), Salesforce.com Inc (NYSE:CRM), Riverbed Technology Inc (NASDAQ:RVBD), and Rackspace Hosting Inc (NYSE:RAX) among other names in the cloud computing industry group.


Source: Cloud Stocks Face A Thunder Storm (Youtube).

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