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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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