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Why Is It Moving? Looking At McAfee's Price Action Today

March 8, 2021 10:24 am
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The Price And Volume Action In McAfee's Stock Today

McAfee (NASDAQ:MCFE) is currently up 9.72% to a price of $23.8. Monday the stock has been traded at a volume of 528.71 thousand, about 57.41% of its recent 30-day volume average of 921.01 thousand.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: McAfee shares are trading higher after the company sold its enterprise business to Symphony Technology Group for $4 billion.

Further Analysis of Recent Price Action

The moving average price of the stock over the past 50 days was $19.34 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $22.36 and as low as $14.8.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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