SecaaS stocks up: Symantec throwing in the towel

From the newswire: Cyber security stocks in broad rally after report of Symantec in buyout talks

Sure, there’s a bump across the board with the premium Symantec may be getting. My view, this is Symantec throwing in the towel and cashing out because they’ve gotten lapped by ZS, OKTA, PFPT etc. and are fading quickly.

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