Symantec (SYMC) Near Session Lows on Intel McAfee Job Cuts
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Price: $120.35 -5.25%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
Revenue Growth %: +11.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
Revenue Growth %: +11.2%
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Symantec Corporation (NASDAQ: SYMC) is moving to the lows of the session into the close following reports Intel's McAfee security division is laying off some staff.
The cuts could suggest the industry is experiencing greater-than-expected weakness.
Shares are down 1.61 percent to $17.74.
The cuts could suggest the industry is experiencing greater-than-expected weakness.
Shares are down 1.61 percent to $17.74.
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