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McAfee stock closes up 20% on report it may be subject of takeover

McAfee Corp. MCFE shares jumped late in Friday’s common session following a report that private-equity agency Introduction Worldwide Corp. was near a greater than $10 billion deal to purchase out the cybersecurity agency.

McAfee shares shot to an intraday excessive of $26.39 for a 24% achieve lower than an hour earlier than closing up 20% at $25.46. The inventory tacked on one other 2% achieve after hours. Shares opened Friday at $21.21, giving McAfee a market cap of $9.21 billion, and at Friday shut the corporate was valued at $11.06 billion.

Late…

https://www.marketwatch.com/story/mcafee-stock-jumps-nearly-25-on-report-of-possible-acquisition-11636142291?rss=1&siteid=rss | McAfee inventory closes up 20% on report it could be topic of takeover

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