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Shares of NortonLifeLock Inc. (NLOK) inched 0.72% higher to $25.08 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.47% to 4,158.24 and the Dow Jones Industrial Average rising 1.76% to 33,212.96. This was the stock's second consecutive day of gains. NortonLifeLock Inc. closed $5.84 short of its 52-week high ($30.92), which the company achieved on February 10th.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) rose 2.76% to $273.24, Adobe Inc. (ADBE) rose 4.80% to $428.22, and Oracle Corp. (ORCL) rose 1.56% to $72.78. Trading volume (5.6 M) eclipsed its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2022.
(END) Dow Jones Newswires
May 27, 2022 17:10 ET (21:10 GMT)
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