Why NortonLifeLock Stock Plummeted Today
Shares of NortonLifeLock (NASDAQ: NLOK) fell hard today after U.K. regulators said they were investigating the company's proposed merger with rival cybersecurity company Avast.
The tech stock was down by 13% at the end of the trading day.
NortonLifeLock proposed the purchase of Avast back in August (a cash and stock deal worth $8.6 billion) and was expected to close on it on April 4.
Source Fool.com
