SYMC - Symantec Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
22.84
-2.73 (-10.68%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close25.57
Open22.00
Bid0.00 x 1000
Ask0.00 x 2900
Day's Range21.56 - 22.84
52 Week Range17.43 - 26.07
Volume43,631,797
Avg. Volume8,938,490
Market Cap14.12B
Beta (3Y Monthly)1.41
PE Ratio (TTM)531.16
EPS (TTM)0.04
Earnings DateJul 31, 2019 - Aug 5, 2019
Forward Dividend & Yield0.30 (1.17%)
Ex-Dividend Date2019-06-07
1y Target Est20.84
Trade prices are not sourced from all markets
  • GuruFocus.com10 hours ago

    Wall Street Mixed on Monday

    Galapagos skyrockets to an all-time high Continue reading...

  • What Happened in the Stock Market Today
    Motley Fool11 hours ago

    What Happened in the Stock Market Today

    From failed takeover talks to a massive new partnership, see why these stocks were on the move on a quiet day for the broader markets.

  • Nasdaq Today: Bitcoin & Libra; What’s Broadcom Doing?
    InvestorPlace11 hours ago

    Nasdaq Today: Bitcoin & Libra; What’s Broadcom Doing?

    There will be a bundle of earnings reports that start to roll out this week. On Monday morning we had a few, but it's about to get busy in the second half of July. Given how much is set to come out over the next few weeks, it was a relatively quiet day on Wall Street Monday. We saw an 0.17% gain in the Nasdaq today, followed by slight gains for the S&P 500 and Dow Jones.Source: Shutterstock InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat said, there's a lot individual news to dig through. Bitcoin, Libra and CryptoThe bitcoin market has been wildly volatile lately, hasn't it? Bitcoin prices ran from $5,500 at the start of May to more than $8,700 by June 1st. Just a few weeks later it was north of $13,000. It topped out around $13,600, before it promptly fell to just under $10,000. Crypto bulls said it was an opportunity. Bears argued it was a blowoff top and it was coming back down. Another run to $13,000 earlier this month was again met with sellers as bitcoin prices dropped back down to $10,000. * 7 Dependable Dividend Stocks to Buy I'll stop the onslaught of price history, but it's sort of necessary for an asset like bitcoin. Put simply, this thing is volatile. Perhaps we're entering a range-bound trade, between $10,000 and $13,000. At the very least, traders now have a few lines in the sand, where a move above resistance or below support could spell a further move in that direction. The advances in bitcoin have helped give a boost to Facebook (NASDAQ:FB) stock, even as it's drawn the ire of regulators for its Libra cryptocurrency. Congress has asked Facebook to hold off on Libra until it knows more. It's drawn comments from the president, while U.S. Treasury Secretary Steven Mnuchin said the Treasury has serious concerns over Libra.For its part, Facebook -- which will reportedly settle with the FTC for $5 billion -- said it will wait until it has regulatory support before launching. Heard at the Nasdaq TodayShares of Gilead Sciences (NASDAQ:GILD) were on the move Monday, rising 2.7% and closing at $68.07. It will invest $5.1 billion in Galapagos (NASDAQ:GLPG), increasing its stake in the company from 12.2% to 22%. Galapagos will now see if shareholders approve an eventual stake increase to 29.9%. Given today's action, it's hard to see shareholders saying no, with GLPG stock rising more than 17% to new highs. Further, Gilead Sciences stock was upgraded to outperform at Wells Fargo. The analysts assigned an $88 price target, implying about 30% upside from current levels and signaling new 52-week highs should GILD stock get there. OK, so what's going on with Broadcom (NASDAQ:AVGO) and Symantec (NASDAQ:SYMC)? Broadcom was reportedly in talks to acquire SYMC. However, on Monday, shares of Symantec abruptly tumbled lower, falling over 10% on news that AVGO is no longer in talks to buy the company. However, the stock recovered off its initial lows -- and actually closed at session highs -- while AVGO stock rallied almost 3% on the news, before ending higher by just 1%. New reports say that Broadcom isn't walking away from the deal just yet. So what gives? This is just typical M&A drama. I don't know if Broadcom will pull the trigger for SYMC. Maybe the latter wanted even more money. Perhaps the terms weren't right. Either way, the market seems happy for AVGO to walk away, if that should be a sign of anything. Broadcom stock has been under pressure since the buyout news surfaced and rallied when it looked like the deal was off. Movers in the Nasdaq Today Click to EnlargeAlphabet's (NASDAQ:GOOGL, NASDAQ:GOOG) Google, as well as several social media sites have fallen under criticism that they display a political bias. Google's vice president of government affairs Karan Bhatia wrote an op-ed stating that the company does not have a bias and stated he will tell U.S. Senators that is the case as well. Social media is playing an enormous role in the distribution of political news, both real and fake. It's created a frenzy of both misinformation and information overload, drawing criticism from both political parties. No matter which side of the aisle readers stand on, they should be reading factually correct information, although tech companies haven't seemed to find a very good way to govern it thus far. Tesla (NASDAQ:TSLA) stock is hitting its highest levels since May, rising 3.4% on Monday on above-average volume. The stock is now running into prior support though, which acted as resistance a few months ago. The stock has to reclaim this area to really get the bullish train moving. Amazon's (NASDAQ:AMZN) much-awaited Prime Day is finally here, with sales going strong on Monday and Tuesday. The e-commerce retailer will pull in billions in revenue from the event and is drawing in competition from seemingly every online retailer (seriously, have you checked your inbox lately?) * 5 EV Stocks to Buy for Big Gains Over the Next Decade Target (NYSE:TGT), Costco (NASDAQ:COST), Home Depot (NYSE:HD) -- three strong retailers by the way -- have been hitting it hard, as has Walmart (NYSE:WMT), Best Buy (NYSE:BBY) and others. With a strong labor market, I would expect Amazon's Prime Day numbers to be solid this year. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AVGO, GOOGL and AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential The post Nasdaq Today: Bitcoin & Libra; Whata€™s Broadcom Doing? appeared first on InvestorPlace.

  • US STOCKS-S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high
    Reuters11 hours ago

    US STOCKS-S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high

    The benchmark S&P 500 index ended little changed on Monday after oscillating between positive and negative territory throughout the session after Citigroup Inc kicked off the earnings season with a mixed quarterly report. The bank reported a better-than-expected profit but also a decline in its net interest margin. The fall in net interest margin triggered a fall in shares of other banks on concerns that it would presage lower profits across the industry as interest rates have dropped.

  • Stocks eke out another round of records as investors brace for 2nd-quarter earnings
    MarketWatch11 hours ago

    Stocks eke out another round of records as investors brace for 2nd-quarter earnings

    Stocks eke out a modest round of gains Monday, building on record finishes from last week, as a wave of second-quarter earnings are set to kick off.

  • Symantec Stock Falls As Broadcom Walks Away From Acquisition
    Investor's Business Daily11 hours ago

    Symantec Stock Falls As Broadcom Walks Away From Acquisition

    Symantec stock plunged on a report that chipmaker Broadcom has broken off talks to acquire the cybersecurity software maker. Symantec had set a selling price of 28 per share, a report said.

  • 5 Top Stock Trades for Tuesday: AMD, TWTR, NFLX
    InvestorPlace11 hours ago

    5 Top Stock Trades for Tuesday: AMD, TWTR, NFLX

    Stocks stagnated on Monday, as investors gear up for the start of earnings throughout the week. Let's look at a few top stock trades to kick off the week. Top Stock Trades for Tomorrow 1: Symantec Click to EnlargeBroadcom (NASDAQ:AVGO) is reportedly walking away from talks to buy Symantec (NASDAQ:SYMC), causing the latter to drop by almost 12% on the day. On the plus side though, SYMC is rallying off its low. InvestorPlace - Stock Market News, Stock Advice & Trading TipsShares are up off the lows and north of the 200-day and 50-day moving averages. For those that feel compelled to buy SYMC -- I am not one of them -- they may want to consider using a stop loss at Monday's lows. If that's too tight, then we at least need to see the stock hold these two key moving averages. See if it can climb over its 20-day moving average on the upside, or if it acts as resistance. Top Stock Trades for Tomorrow 2: Advanced Micro Devices Click to EnlargeAdvanced Micro Devices (NASDAQ:AMD) surged to $34 and backed off last week. On Monday, it's right back to its bullish ways, pushing up to new highs. The stock is holding up over $34, while prior resistance at $33 is now proving to be support. As long as this one holds the 20-day, uptrend support and $33, investors can keep riding it higher. Below and AMD may need some time to digest the gains. Top Stock Trades for Tomorrow 3: Twitter Click to EnlargeLast week, shares of Twitter (NASDAQ:TWTR) broke out over downtrend resistance (blue line). It's now over its 20-day and 50-day moving average as well. As far as upside targets go, $40 would bring TWTR back near its May highs, while a run to $42 would fill the gap from last July. Shares need to hold above $37 to keep the setup intact. Top Stock Trades for Tomorrow 4: Netflix Click to EnlargeNetflix (NASDAQ:NFLX) remains range-bound, stuck between $340 and $385. If I were long NFLX, I would like to see the stock cooling off as it is ahead of its July 17th earnings report. Going in too hot could cause a selloff. On its post-earnings reaction, see if NFLX can breakout over $385 or hold $340 on a pullback. Sooner or later, we'll have some action. Top Stock Trades for Tomorrow 5: Guardant Health Click to EnlargeGuardant Health (NASDAQ:GH) shares are moving well on Monday, up almost 10%. Shares are pushing through current resistance near $92.50 to $94. As long as it holds above this mark, a push to $100 and possibly the 52-week highs near $106.50 are in play. * 7 Dependable Dividend Stocks to Buy If prior resistance fails to hold as support, see that uptrend support near $85 holds. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential The post 5 Top Stock Trades for Tuesday: AMD, TWTR, NFLX appeared first on InvestorPlace.

  • US STOCKS-S&P trades near flat as Citigroup results weigh on bank stocks
    Reuters12 hours ago

    US STOCKS-S&P trades near flat as Citigroup results weigh on bank stocks

    The benchmark S&P 500 index struggled for direction in choppy trade on Monday as earnings season began in earnest with a mixed quarterly report from Citigroup Inc. Citigroup shares erased early losses in afternoon trading and were last up 0.3%. Shares of S&P 500 banks - including JPMorgan Chase & Co, Goldman Sachs Group Inc and Wells Fargo & Co, set to report results on Tuesday - fell 1.0% in the wake of Citigroup's results.

  • Schaeffer's Investment Research13 hours ago

    Options Bears Pile on Sinking Symantec Stock

    SYMC put options are seeing heavy trading today

  • Benzinga15 hours ago

    Analyst Calls Abandoned Symantec-Broadcom Merger Talks A 'Head-Scratcher'

    Symantec Corporation (NASDAQ: SYMC) shares took a beating on Monday after CNBC reported Symantec and Broadcom Inc (NASDAQ: AVGO) have abandoned merger talks. Ives was anticipating a deal announcement sometime this week and said Symantec may have simply demanded too high of a price. “With no other strategic or financial bidders that we see throughout the landscape we view this decision by Symantec and its Board as a major head scratcher given the myriad of challenges the company has on the horizon,” Ives wrote in a note.

  • Reuters15 hours ago

    US STOCKS-Wall Street treads water as Citi results pressure bank shares

    Wall Street's three main indexes flitted between slight gains and losses on Monday, as declines in Boeing and bank stocks after Citigroup's quarterly report were countered by a rise in technology shares. The third-largest U.S. lender beat profit estimates but reported a decline in interest margins, with its shares marginally lower in volatile trading. The sequential squeeze on Citi's net interest margins by 5 basis points is a cause for worry for investors in other large banks, said Marty Mosby, director of bank and equity strategies at Vining Sparks in Memphis, Tennessee.

  • Symantec News: SYMC Stock Sinks as Broadcom Deal Fizzles
    InvestorPlace15 hours ago

    Symantec News: SYMC Stock Sinks as Broadcom Deal Fizzles

    Symantec news for Monday has SYMC stock falling hard on a dead Broadcom deal.Sources close to the matter claim that Symantec (NASDAQ:SYMC) and Broadcom (NASDAQ:AVGO) were unable to reach an agreement in an acquisition deal. If these sources have it right, the main problem with the deal was one of pricing.The sources behind this Symantec news claim that the company wasn't willing to take anything less than $28 per share for SYMC stock. However, it looks like Broadcom was unwilling to pay that much for the company.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAccording to the unnamed sources, Broadcom was originally willing to pay as much as $28.25 per share for SYMC stock. The problem comes with what happened after it looked more into the company. This evaluation resulted in it lowering its offering to below $28 per share, which Symantec was unwilling to accept, reports CNBC. * 7 Dependable Dividend Stocks to Buy The initial report surrounding this Symantec news was from early this month. It claimed that Broadcom was going to be paying $15.00 billion to bring the company into its fold. Those same reports also claimed that the deal could have been announced before the July 4 weekend, but that a later date for the official announcement was more likely.All of this Symantec news today isn't helping out SYMC stock. It was down 13% as of noon Monday. This has it losing roughly all of the gains it got from those early reports concerning a deal with Broadcom. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential As of this writing, William White did not hold a position in any of the aforementioned securities.The post Symantec News: SYMC Stock Sinks as Broadcom Deal Fizzles appeared first on InvestorPlace.

  • Symantec shares plunge on report that Broadcom has called off buyout over price
    American City Business Journals15 hours ago

    Symantec shares plunge on report that Broadcom has called off buyout over price

    Shares of Mountain View-based security software maker Symantec Corp. plunged 13 percent in early trading today, after CNBC reported that acquisition talks with Broadcom had fallen apart after the two companies couldn’t agree on a purchase price. Symantec, whose shares closed Friday at $25.57, dropped almost 11 percent to $22.84 per share on Monday, instantly erasing about $2 billion from the company’s market capitalization. Symantec had reportedly argued that it was worth at least $28 per share.

  • Stock Market News: Amazon Kicks Off Prime Day; Broadcom Breaks It Off With Symantec
    Motley Fool15 hours ago

    Stock Market News: Amazon Kicks Off Prime Day; Broadcom Breaks It Off With Symantec

    Markets were mixed as investors look forward to earnings results.

  • Barrons.com16 hours ago

    Symantec Stock Falls Sharply as Talks With Broadcom Reportedly Collapse

    Symantec stock tumbled 13% as the security software company’s discussions to be acquired by Broadcom (BRCM) reportedly collapsed over price.

  • Why Symantec Stock Dropped 13% Today
    Motley Fool16 hours ago

    Why Symantec Stock Dropped 13% Today

    An acquisition bid falls through.

  • TheStreet.com16 hours ago

    Broadcom's List of Potential Software Targets Probably Doesn't End with Symantec

    It's possible that disgruntled Symantec shareholders could make the company return to the negotiating table with Broadcom. But if that doesn't happen, there are other targets that Broadcom might pursue.

  • Bloomberg17 hours ago

    Symantec Falls as Deal Talks With Broadcom Are Said Stall

    (Bloomberg) -- Symantec Corp. and Broadcom Inc. have halted their discussions for a proposed merger as the two sides couldn’t agree on a price, according to people familiar with the matter. Symantec shares fell as much as 15% to $21.70.Discussions hit an impasse over the weekend after Broadcom sought to reduce its offer by more than $1.50 per share after determining in due diligence that it was no longer willing to meet their agreed-upon price of $28.25, said the people, who asked to not be identified because the matter isn’t public.They had been preparing to announce the transaction as soon as Tuesday, one of the people said. At $28.25 per share, Symantec would have been valued at about $17.5 billion.While talks are off for now, they could be resumed if both parties are able to compromise on price or if Symantec comes under sufficient pressure to re-engage, the people said.Two weeks ago, Bloomberg News reported that Broadcom was in advanced talks to buy the cybersecurity firm, seeking to expand into the more profitable software business. CNBC earlier reported Monday that the talks were called off, citing people familiar with the matter, after Symantec refused to accept less than $28 per share.A representative for Broadcom couldn’t immediately be reached for comment, while a representative for Symantec didn’t immediately respond to a request for comment.Symantec fell 13% to $22.29 at 10:12 a.m. in New York trading, giving the Mountain View, California-based company a market value of $13.8 billion. Broadcom, based in San Jose, California, rose 2.4% to $292.20.The deal would be Broadcom’s second big bet in software, following its $18 billion takeover last year of CA Technologies. And while some analysts said Symantec would be a perfect fit for Broadcom, others noted that it comes with several challenges, including increased competition, the abrupt departure of its chief executive officer, waning consumer interest in antivirus programs and a financial investigation that ended with restated earnings.Activist investor Starboard Value LP won three seats on Symantec’s board in September, including one for the firm’s Managing Member Peter Feld.(Updates with additional details starting in second paragraph.)To contact the reporter on this story: Ed Hammond in New York at ehammond12@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Molly Schuetz, Matthew MonksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Benzinga18 hours ago

    Symantec Plunges After CNBC Reports Broadcom Deal Is Off The Table

    Broadcom Inc's (NASDAQ: AVGO ) reported interest in acquiring cybersecurity company Symantec Corporation (NASDAQ: SYMC ) has come to an end with no merger agreement finalized. What Happened Sources close ...

  • Investing.com18 hours ago

    StockBeat - Symantec Slumps as Merger Talks With Broadcom Reportedly Fall Through

    Investing.com – Symantec (NASDAQ:SYMC) plunged on Monday after merger talks with Broadcom (NASDAQ:AVGO) reportedly fell through as the two parties failed to reach an agreement on price.

  • Reuters18 hours ago

    UPDATE 1-Symantec, Broadcom cease deal negotiations - CNBC

    Cybersecurity company Symantec Corp and chipmaker Broadcom Inc have ceased deal negotiations, CNBC reported https://www.cnbc.com/2019/07/15/symantec-and-broadcom-cease-deal-negotiations-sources.html on Monday, citing sources. Symantec's shares fell 18% to $21.01 in trading before the opening bell, while those of Broadcom were up nearly 3%. Symantec would not accept less than $28 per share, according to the report.

  • Symantec plunges as negotiations with Broadcom end: Report
    Yahoo Finance Video12 hours ago

    Symantec plunges as negotiations with Broadcom end: Report

    Broadcom and Symantec have reportedly called off a planned merger after not agreeing on a price. Yahoo Finance's Jared Blikre joins Seana Smith on 'The Ticker' to discuss.

  • Top Trending: airlines cancel 737 Max flights, Broadcom & Symantec end negotiations
    Yahoo Finance Video14 hours ago

    Top Trending: airlines cancel 737 Max flights, Broadcom & Symantec end negotiations

    Yahoo Finance's Adam Shapiro run through today's trending headlines.

  • Symantec, Broadcom Halt Discussions for a Proposed Merger
    Bloomberg16 hours ago

    Symantec, Broadcom Halt Discussions for a Proposed Merger

    Jul.15 -- Symantec Corp. and Broadcom Inc. ended talks on a proposed merger as the two sides couldn’t agree on a price. Bloomberg's Ed Hammond reports on "Bloomberg Markets."