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Symantec Seeks a Catalyst

Stock quotes in this article: SYMC , MSFT , MFEE , CHKP  

IT security company Symantec(SYMC Quote) needs to get a move on.

The company missed guidance for the third quarter ended December 2006, which sent the stock plunging nearly 8%, and issued a soft outlook for the fourth quarter.

In addition, Symantec's data center management division is under pressure, and growth in its security and data products for business seems to have stalled. Yet Symantec isn't giving up on big-ticket acquisitions. ...

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