Symantec leaves investors suffering from silence - News Summed Up

Symantec leaves investors suffering from silence


more-inSymantec investors are suffering from silence. Ruling all topics off limits encourages investors to indulge their worst fears. Symantec completed its acquisition of the identity-theft protection company which has had a history of legal troubles, whistle-blowing and run-ins with regulators just over a year ago. Letting fears run riotRefusing to answer any questions at all from analysts on its earnings call lets fears run riot. Investors deleted 35% of Symantec’s market capitalisation in the first few hours of trading on Friday.


Source: The Hindu May 12, 2018 15:45 UTC



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