Symantec Investors Shouldn’t Miss the Bigger Picture

Symantec's (NASDAQ: SYMC) second-quarter report, released on Nov. 1, has set the cat among the pigeons. Shares of the cybersecurity specialist have sunk over the past month after its earnings came short of expectations, and a tepid outlook prompted some investors to sell.

The fact that Symantec had to scale back its full-year guidance despite a spate of acquisitions and recent cybersecurity events that should've boosted its performance didn't sit well with Wall Street. But there's more to Symantec's results than what meets the eye, and investors' knee-jerk reaction to the latest quarterly report could be overblown. Let's see why.

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Source: Fool.com