Why NortonLifeLock Stock Jumped Today

Shares of NortonLifeLock (NASDAQ: NLOK) spiked today after the company reported better-than-expected fourth-quarter results late yesterday. 

The tech stock was up by 10.2% as of 3:41 p.m. EDT.

NortonLifeLock reported fourth-quarter non-GAAP diluted earnings of $0.40 per share, which surpassed Wall Street's consensus estimate of $0.38 per share. Additionally, the company's fourth-quarter revenue of $672 million beat analysts' consensus estimate of $660 million.

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Source Fool.com