McAfee makes luke-warm return to stock exchange
Security vendor valued at just under $8bn
McAfee endured an underwhelming return to life as a public company, seeing its share price drop 6.5 per cent on its first day of trading. The cybersecurity vendor raised $740m by selling 37 million shares on Wednesday, ahead of its return to the Nasdaq market yesterday. It's valuation stood at just under $8bn when the market closed. Excited to be a part of the @Nasdaq family. #McAfeeIPO https://t.co/FUFA6pK7YX — McAfee (@McAfee) October 22, 2020 McAfee is now publicly listed for...
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