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McAfee Corp. (/ ˈ m æ k ə f iː / MAK-ə-fee), [4] [5] formerly known as McAfee Associates, Inc. from 1987 to 1997 and 2004 to 2014, Network Associates Inc. from 1997 to 2004, and Intel Security Group from 2014 to 2017, is an American company focused on online protection for consumers worldwide headquartered in San Jose, California.
The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
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Following the pattern of other Internet-related startups, the stock price tripled its first day: it opened at $16 a share and closed at $48. The price peaked around $64 in the next several weeks and then collapsed over the following year or so. It ranged between roughly $3 and $20 afterward until the company was purchased by McAfee.
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It isn't too late to buy the stock. Management forecast a 21% increase in its earnings in 2025 to $0.35 per share along with a 16% spike in revenue. But the company easily exceeded its ...
STG completed the acquisition of McAfee's Enterprise business in July 2021 with plans for re-branding. [4] In June 2021, FireEye sold its name and products business to STG for $1.2bn. [5] STG combined FireEye with its acquisition of McAfee's enterprise business to launch Trellix, an extended detection and response (XDR) company. [6]