Gen Digital Inc. Stock Sheds 3.6%, Underperforms Peers

Dow Jones
09/29

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Gen Digital Inc. slid 3.6% to $20.85 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.8% to 7,683.69 and Dow Jones Industrial Average falling 0.7% to 51,481.51.

This was the stock's fifth consecutive day of losses.

Gen Digital Inc. closed 34.1% short of its 52-week high of $31.65, which the company achieved on September 3rd.

The stock underperformed when compared to some of its peers, as Microsoft Corp. fell 1.3% to $509.22, Fortinet Inc. rose 1.7% to $176.33, and Equifax Inc. fell 1.57% to $145.78.

Trading volume totaled 17.5 million, compared to the 50-day average of 6.8 million.

Data source: Dow Jones Market Data, FactSet

 

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