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The Best Tech Stocks – And The Worst – In 2021 (So Far)

Here is a look at the 10 tech company stocks that recorded the biggest gains in the first half of 2021 – and the eight companies that saw stock price declines.

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Gainers No. 10: NortonLifeLock

CEO: Vincent Pilette

Dec. 31, 2020 Close: $20.78

June 30, 2021 Close: $27.22

Change: +30.99%

NortonLifeLock, formerly Symantec’s consumer security business, was spun off as an independent, publicly traded company in late 2019.

In July NortonLifeLock confirmed that it is in merger talks with Avast, a Czech-based provider of home and business cybersecurity products.

For its fiscal 2021 year (ended April 2, 2021) NortonLifeLock reported revenue of $2.55 billion, up 2.5 percent from $2.49 billion in fiscal 2020. Net income for the fiscal year was $554 million, down from $3.89 billion (which included $3.31 billion in income from discontinued operations)

The company will report its fiscal 2022 first quarter results on July 27.

Based on the June 30 stock closing price, NortonLifeLock’s market cap stood at $15.79 billion, up 28 percent from its $12.30 billion market cap at the close of 2020.

 
 
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