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Symantec Corp.
SYMC, + 12.89%
Shares jumped more than 17% during the trading session on Tuesday, as the security software company was approached by a private equity firm. Reuters said Thoma Bravo had expressed interest in acquiring the company known for its antivirus program Norton, which is refocusing more on corporate security after acquiring Blue Coat Systems from another private equity firm . Symantec shares have already seen gains last week, after its quarterly earnings report sent the stock up on hopes raised by the corporate security sector. Symantec shares climbed to $ 23.57 on Tuesday after closing Monday at $ 20.02, and traded for the last time at gains of about 13%. The title was affected by an investigation triggered by an internal whistleblower and has declined by more than 19% since the beginning of the year as the S & P 500 index.
SPX, + 0.47%
gained 2.4%.
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