Shares of the company, which makes Norton Antivirus, fell 13.3 per cent to $25.30 in extended trading. Russian computer scientist arrested in SpainAn audit committee of Symantec’s board has retained independent counsel and other advisers to assist in the investigation, the company said. The investigation is in its early stages and unlikely to be completed to file the annual report in time, according to Symantec. The company has contacted the Securities and Exchange Commission and plans to provide additional information to the SEC as the investigation proceeds. Analysts were expecting the company to report a profit of 39 cents per share and revenue of $1.19 billion.
Source: The Express Tribune May 11, 2018 09:33 UTC