Shares of Gen Digital Inc. GEN, -1.20% shot up 6.3% in afternoon trading Wednesday, enough to pace the S&P 500's SPX, -1.92% gainers, after the cyber safety company, which changed its name from NortonLifeLock Inc. two days ago, reported better-than-expected fiscal second-quarter results. The company reported late Tuesday net income that fell to $69 million, or 12 cents a share, from $333 millio...
Gen Unites Trusted Brands Including Norton, Avast, LifeLock and Avira TEMPE, Ariz. and PRAGUE , Nov. 7, 2022 /PRNewswire/ -- NortonLifeLock Inc. (NASDAQ: NLOK) today unveiled its new company name, Gen Digital Inc. (TO BE NASDAQ: GEN), following the completed merger of NortonLifeLock and Avast.
Experts to Share Insights to Empower Consumers to Live Digital Lives Safely through Education and Awareness During National Cybersecurity Alliance Virtual Event TEMPE, Ariz. , Sept. 29, 2022 /PRNewswire/ -- Norton, a consumer Cyber Safety brand of NortonLifeLock (NASDAQ: NLOK), today announced its commitment to this year's Cybersecurity Awareness Month campaign, "It's Easy to Stay Safe Online.
Following approval by the United Kingdom's competition regulator, NortonLifeLock announced in a Friday (Sept. 2) press release that its acquisition of fellow cybersecurity software provider Avast is now expected to close Sept.
The U.K.'s Competition and Markets Authority (CMA) has formally cleared the proposed $8.1 billion merger between cybersecurity giants NortonLifeLock and Avast, a month after provisionally greenlighting the deal. The merger has been hanging in the balance since plans were first revealed last August.
Britain's competition regulator finally cleared NortonLifeLock's acquisition of British rival Avast on Friday, saying the security software market would remain competitive after the $8.6 billion merger of two of the biggest players.
NortonLifeLock Inc. (NASDAQ: NLOK) stock price dropped 14% from $28 in 2017 end, to around $24 currently, primarily due to unfavorable changes in its P/S multiple.
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