Shares of Gen Digital Inc. (GEN) experienced a significant surge intraday, with the stock price soaring by 5.01%. This movement continues a positive trend for the cybersecurity company.

The ongoing rally is attributed to continued momentum following the company's recent fiscal fourth-quarter earnings report. Gen Digital posted revenue and adjusted earnings per share that surpassed analyst estimates. Furthermore, the company issued fiscal year 2027 guidance that significantly exceeded Wall Street expectations, boosting market confidence in its growth trajectory.

This positive investor sentiment, driven by the strong financial performance and optimistic future outlook, is the primary catalyst behind the stock's notable price increase during the trading session.