Published on 7 Nov 2022 on Market Watch
NortonLifeLock Inc. stock underperforms Monday when compared to competitors
Shares of NortonLifeLock Inc. slipped 2.26% to $21.66 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.96% to 3,806.80 and the Dow Jones Industrial Average rising 1.31% to 32,827.00. NortonLifeLock Inc. closed $9.26 below its 52-week high ($30.92), which the company reached on February 10th.
The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp. rose 2.93% to $227.87, Adobe Inc. rose 4.83% to $299.54, and Oracle Corp. rose 0.97% to $76.74. Trading volume (7.7 M) eclipsed its 50-day average volume of 5.6 M.