The Best And Worst Technology Company Stocks In The Third Quarter Of 2017

Symantec

CEO: Greg Clark

June 30, 2017: $28.25

Sept. 29, 2017: $32.81

Change: +16.14%

Symantec has been through some turbulent times, including selling off its Veritas storage technology business in 2015 and buying security software developer Blue Coat Systems for $4.65 billion last August – the latter resulting in changes in Symantec's top executive ranks.

In July Symantec unveiled deals to acquire Fireglass, a developer of agentless isolation technology, and Skycure, a developer of threat defense software for mobile devices. President and COO Michael Fey told CRN that other acquisitions are likely.

In August Symantec reported that in its fiscal 2018 first quarter (ended June 30) revenue grew 33 percent to $1.18 billion from $884 million one year earlier. But the company reported a $133 million loss compared with net income of $135 million one year before.

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