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CFDs come with a high risk of losing money rapidly due to leverage. 71% of accounts lose money when trading CFDs with this provider. You should understand how CFDs work and consider if you can take the risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

79% of retail investor accounts lose money when trading CFDs with this provider.

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Symantec Corp Stocks

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About

History

Competitors

About

History

Competitors

Symantec Corp (SYMC.US), also known as Gen Digital Inc. with a market capitalization of $11.94 billion as of 19th June 2023, is a renowned cybersecurity company. Founded in 1982 by Gary Hendrix, Symantec has a long-standing presence in the industry. The company offers a wide range of security solutions to protect organizations and individuals from cyber threats. Its products include antivirus software, firewalls, encryption tools, and more.

It went public in 1989 and has since established itself as a leader in the cybersecurity space. It has a strong track record of innovation and has played a crucial role in developing advanced security technologies. With a focus on protecting data and networks, Symantec continues to evolve and adapt to address emerging threats in the digital landscape.

Over the past five years, Symantec Corp stock has experienced various highs and lows influenced by market conditions and industry factors. The highest recorded price during this period was $30.92 in February 2022, reflecting positive market sentiment and company performance. On the other hand, the lowest point was observed at $10.07 in December 2018, possibly coinciding with market downturns or specific events.

Throughout its share price history, the company has encountered significant moments, such as earnings announcements, acquisitions, or product launches, which may have impacted its stock performance. Curiosities may include the influence of cybersecurity trends, regulatory changes, or industry advancements on the company's valuation. Given the dynamic nature of stock markets, it is important to stay updated with the latest news and market trends when considering trading Symantec Corp stock. Conducting thorough research and consulting reliable financial sources may help in making informed investment decisions.

Before trading Symantec Corp (SYMC.US) stock, it is worth considering its competitors in the cybersecurity industry. Some notable competitors include:

  • Palo Alto Networks: Offers next-generation firewalls and advanced threat intelligence services.
  • Fortinet Inc.: Specializes in network security appliances, including firewalls and intrusion prevention systems.
  • Check Point Software Technologies: Provides software and hardware products for network security, including firewalls and VPNs.
  • CrowdStrike Holdings: A leading provider of cloud-based endpoint security solutions.
  • McAfee Inc.: Offers a range of cybersecurity solutions, including antivirus software and network security products.

These competitors operate in the same industry and provide similar services, making it important to analyze their market position, financial performance, and product offerings before trading Symantec Corp stock. Understanding the competitive landscape may help evaluate the potential risks and opportunities associated with investing in the company.

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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

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Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.

CFDs
Equities
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Capitalise on rising prices (go long)

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Trade with leverage
Hold larger positions than the cash you have at your disposal

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