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Gen Digital (GEN) – Introduction and background |
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Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
Gen Digital Inc. provides cybersecurity software for consumers around the world. Its solutions include performance products for PCs, Macs, and mobile devices against viruses, malware, adware, and other cyber threats. The company was formerly known as Symantec Corporation and NortonLifeLock. The rebrand came in November 2022, when it united trusted brands Norton, Avast, LifeLock, and Avira.
Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
Founded in 1982, Gen Digital is headquartered in Tempe, Arizona. While its key products include cybersecurity software, the company also provides identity theft protection, VPN, and privacy monitoring solutions. It markets and sells its products through retailers, telecom service providers, and hardware equipment manufacturers. It also has an e-commerce platform.
Gen Digital began trading on the NASDAQ under the ticker symbol GEN in 2022, replacing the company’s old ticker NLOK. The company has a history of firm margins, overall positive fundamentals, and generally stable revenue growth, and shareholders can enjoy quarterly payouts in the form of dividends.
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8th floor, CI Tower
Corniche Road
PO Box 93894
Abu Dhabi
United Arab Emirates
Trading Services
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+971 2 657 2414
Investing in CFDs involves a high degree of risk that you will lose your money due to the use of leverage, particularly in fast moving markets, where a relatively small movement in the price can lead to a proportionately larger movement in the value of your investment. This can result in loses that exceed the funds in your account. You should consider whether you understand how CFDs work and you should seek independent advice if necessary.
ADS Securities LLC (“ADSS”) is authorised and regulated by the Securities and Commodities Authority (“SCA”) in the United Arab Emirates as a trading broker for Over the Counter (“OTC”) Derivatives contracts and foreign exchange spot markets. ADSS is a limited liability company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047) and has its principal place of business at 8th Floor, CI Tower, Corniche Road, P.O. Box 93894, Abu Dhabi, United Arab Emirates.
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ADSS is an execution only service provider and does not provide advice. ADSS may publish general market commentary from time to time. Where it does, the material published does not constitute advice, or a solicitation, or a recommendation to a transaction in any financial instrument. ADSS accepts no responsibility for any use of the content presented and any consequences of that use. No representation or warranty is given as to the completeness of this information. Anyone acting on the information provided does so at their own risk.
