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Gen Digital Inc. (symbol: GEN) closed at $23.48 on January 19, 2024, reflecting a change of $0.51 or an increase of 2.22%. The trading volume was slightly lower than its average volume of 4.08 million, coming in at 3.35 million for the day.
Gen digital, which makes Norton antivirus, has been trading sideways for many years. The company appears to have revenues and income that are growing at a reasonable pace. I think it has a pretty good moat too, as it owns many of the consumer grade competitors that I am able to name.
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Gen Digital Inc. (formerly Symantec Corporation and NortonLifeLock) is a multinational software company co-headquartered in Tempe, Arizona and Prague, Czech Republic. The company provides cybersecurity software and services. Gen is a Fortune 500 company and a member of the S&P 500 stock-market index.