Why NortonLifeLock Stock Jumped Today

Why NortonLifeLock Stock Jumped Today

Shares of NortonLifeLock (NASDAQ: NLOK) spiked today after the company reported better-than-expected fourth-quarter results late yesterday. Additionally, the company's fourth-quarter revenue of $672 million beat analysts' consensus estimate of $660 million. "In the fourth quarter alone, we added 2 million new customers, and achieved record revenue and profit," NortonLifeLock CEO Vincent Pilette said in a press release.