Gen Digital Inc. Stock Sheds 6.3%, Underperforms Peers

Dow Jones
09/26

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

Shares of Gen Digital Inc. shed 6.3% to $21.62 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.5% to 7,743.41 and the Dow Jones Industrial Average rising 0.9% to 51,828.62.

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

Gen Digital Inc. closed 31.7% short of its 52-week high of $31.65, which the company reached on September 3rd.

The stock underperformed when compared to some of its peers, as Microsoft Corp. rose 3.7% to $516.17, Fortinet Inc. fell 2.9% to $173.46, and Equifax Inc. fell 0.46% to $148.11.

Trading volume totaled 29.7 million, compared to the 50-day average of 6.3 million.

Data source: Dow Jones Market Data, FactSet

 

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