NortonLifeLock Inc. Stock Falls Wednesday, Underperforms Market

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NortonLifeLock Inc. Stock Falls Wednesday, Underperforms Market

5:10 pm ET May 25, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of NortonLifeLock Inc. (NLOK) sank 0.20% to $24.57 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.95% to 3,978.73 and the Dow Jones Industrial Average rising 0.60% to 32,120.28. This was the stock's second consecutive day of losses. NortonLifeLock Inc. closed $6.35 below its 52-week high ($30.92), which the company achieved on February 10th.

The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 1.12% to $262.52, Adobe Inc. (ADBE) rose 1.03% to $402.50, and Oracle Corp. (ORCL) rose 1.16% to $69.83. Trading volume (5.3 M) remained 668,222 below its 50-day average volume of 6.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 2022.

(END) Dow Jones Newswires

May 25, 2022 17:10 ET (21:10 GMT)