Tech Stocks Analysis! Symantec Corporation (SYMC), Cisco Systems, Inc. (CSCO)

Shares of Symantec Corporation (NASDAQ:SYMC) ended Monday session in green amid volatile trading. The shares closed up +0.15 points or 0.60% at $25.03 with 6.06 million shares getting traded. Post opening the session at $25.03, the shares hit an intraday low of $24.97 and an intraday high of $25.18 and the price vacillated in this range throughout the day. The company has a market cap of $15.55 billion and the numbers of outstanding shares have been calculated to be 615.59 million shares.

Symantec Corporation (SYMC) announced Symantec Endpoint Protection 14, the next evolution in endpoint innovation from the leader in endpoint security. Powered by artificial intelligence on the endpoint and in the cloud, Symantec Endpoint Protection 14 is the industry’s first solution to fuse essential endpoint technologies with advanced machine learning and memory exploit mitigation in a single agent, delivering a multi-layered solution able to stop advanced threats and respond at the endpoint regardless of how the attack is launched.

Symantec Endpoint Protection delivers powerful protection in a lightweight package, building on industry-leading 99.9 percent efficacy, low false positives and a 70 percent reduced footprint over the previous generation through new advanced cloud lookup capabilities. Powered by combined threat intelligence capabilities made possible by integrating Symantec and Blue Coat’s security telemetry, Symantec now protects 175 million consumer and enterprise endpoints, 163 million email users, 80 million web proxy users, and processes nearly eight billion security requests across these products every day.

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) ended Monday session in green amid volatile trading. The shares closed up +0.09 points or 0.29% at $30.68 with 23.23 million shares getting traded. Post opening the session at $30.34, the shares hit an intraday low of $30.32 and an intraday high of $30.77 and the price vacillated in this range throughout the day. The company has a market cap of $155.27 billion and the numbers of outstanding shares have been calculated to be 5.03 billion shares.

Cisco Systems, Inc. (CSCO) announced the appointment of Amy L. Chang, CEO and founder of Accompany, Inc., to its board of directors.

“We are very pleased to have Amy join our board and look forward to her contributions,” said Chuck Robbins, CEO, Cisco. “Amy is a Silicon Valley leader and she understands the power we have to reimagine the way we can do business. Her experience as an entrepreneur, an engineer, and an industry disruptor will be invaluable to Cisco and to our customers in this new digital business environment.”

Chang, 39, is CEO and founder of Accompany, Inc., a relationship intelligence platform company. Prior to founding Accompany in 2013, Chang was with Google Inc. from 2005 to 2012, most recently serving as Global Head of Product, Google Ads Measurement and Reporting. Prior to Google, she held product management and strategy positions at eBay Inc. Chang also previously served as a consultant with McKinsey & Company, specializing in semiconductors, software and services. She holds a B.S. and an M.S., both in Electrical Engineering, from Stanford University. She currently serves on the board of directors of Splunk Inc.

“Drawing on her years of experience as a McKinsey consultant, advisor to numerous tech start-ups, an executive at Google, and now CEO of Accompany, Amy will provide fresh insights to our technology and business priorities as we continue to transform our business at an accelerated pace,” said Cisco Executive Chairman John Chambers.

 

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