NortonLifeLock Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of NortonLifeLock Inc. (NLOK) inched 0.05% higher to $22.00 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.46% to 3,789.99 and the Dow Jones Industrial Average rising 1.00% to 30,668.53. The stock's rise snapped a five-day losing streak. NortonLifeLock Inc. closed $8.92 below its 52-week high ($30.92), which the company reached on February 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 2.97% to $251.76, Adobe Inc. (ADBE) rose 1.65% to $376.92, and Oracle Corp. (ORCL) fell 1.44% to $69.70. Trading volume (7.1 M) eclipsed its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 15, 2022.
(END) Dow Jones Newswires
June 15, 2022 17:10 ET (21:10 GMT)
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