Bulletin
Investor Alert

New York Markets Close in:

Market Pulse Archives

July 3, 2019, 11:42 a.m. EDT

Cyber security stocks in broad rally after report of Symantec in buyout talks

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Broadcom Inc. (AVGO)
  • X
    ETFMG Prime Cyber Security ETF (HACK)

or Cancel Already have a watchlist? Log In

By Tomi Kilgore

Shares of cyber security companies were broadly higher in morning trading Wednesday, after Bloomberg reported that Symantec Corp. was in talks to be acquired by Broadcom Inc. /zigman2/quotes/200646538/composite AVGO -0.12% . The ETFMG Prime Cyber Security ETF /zigman2/quotes/207892345/composite HACK +0.48% rose 1.7%, 50 of 54 equity components trading higher. Symantec's stock led the way with a 13.3% surge, with trading volume of 30.1 million shares more than 4-times the full-day average. Among other more-active ETF components, shares of CrowdStrike Holdings Ind. /zigman2/quotes/212513426/composite CRWD +1.08% ran up 3.3%, FireEye Inc. /zigman2/quotes/204730283/composite FEYE -0.29% rallied 3.2%, Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO -0.20% rose 1.2% and Zscaler Inc. /zigman2/quotes/203585803/composite ZS +1.33% climbed 1.7%. The ETF has now advanced 21.1% year to date, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.19% has gained 19.3%.

/zigman2/quotes/200646538/composite
US : U.S.: Nasdaq
$ 314.87
-0.38 -0.12%
Volume: 712,217
Nov. 22, 2019 1:45p
P/E Ratio
44.22
Dividend Yield
3.37%
Market Cap
$125.05 billion
Rev. per Employee
$1.42M
loading...
/zigman2/quotes/207892345/composite
US : U.S.: NYSE Arca
$ 41.73
+0.20 +0.48%
Volume: 43,774
Nov. 22, 2019 1:38p
loading...
/zigman2/quotes/212513426/composite
US : U.S.: Nasdaq
$ 54.35
+0.58 +1.08%
Volume: 728,440
Nov. 22, 2019 1:44p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$12.15 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/204730283/composite
US : U.S.: Nasdaq
$ 16.94
-0.05 -0.29%
Volume: 1.19M
Nov. 22, 2019 1:44p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$3.68 billion
Rev. per Employee
$259,672
loading...
/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 44.75
-0.09 -0.20%
Volume: 9.23M
Nov. 22, 2019 1:45p
P/E Ratio
17.86
Dividend Yield
3.12%
Market Cap
$190.22 billion
Rev. per Employee
$684,933
loading...
/zigman2/quotes/203585803/composite
US : U.S.: Nasdaq
$ 46.03
+0.60 +1.33%
Volume: 927,810
Nov. 22, 2019 1:45p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$5.79 billion
Rev. per Employee
$231,369
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,109.52
+5.98 +0.19%
Volume: 868.53M
Nov. 22, 2019 1:45p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.