Friday, May 11, 2018

The Mystery at Symantec

Today’s Wall Street Journal had a small article about a posting they noted in Symantec’s quarterly report.  It was not easy to find, being “tucked in” the report.  It noted that a former employee “raised concerns” but didn’t say about what or when that occurred.  The stock had dropped just under 30% in one day, so the market doesn’t like this kind of thing, and that was before we even know what this is about.  Too much secrecy makes investors nervous.

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