Midday stock check: Altera plunges after Q3 report 

Palo-Alto based VMware Inc. (VMW) reports its first quarterly returns today as a public company, and Bloomberg.com is reporting that the software maker’s shares have tripled since its Wall Street debut two months ago — a greater increase than Google Inc. (GOOG) saw at the same point after its initial public offering.

The markets overall were down in mid-afternoon trading Eastern Standard Time, with the Dow down 1.39 percent, the Nasdaq down more than 2.71 percent and the S&P 500 down 1.89 percent.

Among the 50 Bay Area stocks tracked by The Examiner, only Intuitive Surgical Inc. (ISRG) and Chevron Corp. (CVX) saw their share prices increase thus far today, by 0.38 percent and 0.10 percent, respectively.

Furthest down was San Jose chip-maker Altera Corp. (ALTR), which saw its price plunge 16.43 percent to $19.49 per share following its Q3 report. That report showed revenue below Wall Street expectations, according to CNNMoney.com.

Intel Corp. (INTC) led in trading volume among Bay Area public companies thus far today.

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A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
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