October 5, 2015 / 6:45 PM / 2 years ago

VMware shares pare gains after report Apple not renewing licensing agreement

VMware CEO Pat Gelsinger addresses a news conference in Tokyo July 15, 2014. REUTERS/Yuya Shino

NEW YORK (Reuters) - VMware shares sharply pared gains on Monday after CRN reported Apple will not renew an expiring VMware enterprise licensing agreement.

VMware shares were up more than 2 percent before the report and were last up 0.5 percent at $80.12.

Reuters has not verified the accuracy of the CRN report.

Reporting by Rodrigo Campos; Editing by Frances Kerry

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