While Symantec Corp. (Nasdaq: SYMC) reported sharply higher second quarter earnings that nearly tripled to 16 cents per share from 6 cents per share in the year ago period, the maker of the Norton computer security software forecast third quarter results below expectations sending the stock price plummeting $2.81 to $12.00.
Symantec's Outlook Disappoints
October 30, 2008 at 13:48 PM EDT