Symantec Shares Jumped 23% After-Hours Following Reports of Broadcom Interest

Date : 07/03/2019 @ 12:18AM
Source : Dow Jones News
Stock : Symantec Corporation (SYMC)
Quote : 23.88  -0.1 (-0.42%) @ 1:00AM

Symantec Shares Jumped 23% After-Hours Following Reports of Broadcom Interest

Symantec (NASDAQ:SYMC)
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   By Stephen Nakrosis 
 

Shares of Symantec Corp. (SYMC) are rising in Tuesday's after-hours market, following media reports that Broadcom Inc. (AVG) is in advanced talks to buy the company.

At 6:41 p.m. ET, Symantec shares are up 23.08%, trading at $27.49. They closed the day's regular session with a gain of 0.18%, finishing at $22.10.

In after-hours trading, Broadcom shares have lost 1.7% and are trading at $290.31.

On Friday evening, Bloomberg television reported Broadcom is in advanced talks to buy the cybersecurity software and services company.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

July 02, 2019 19:03 ET (23:03 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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