Symantec (SYMC) Stock Gains on Report of Potential Veritas Sale

April 10, 2015 8:23 PM

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Symantec (SYMC) Stock Gains on Report of Potential Veritas Sale

NEW YORK (TheStreet) -- Shares of Symantec (SYMC - Get Report) closed up 5.6% to $25.58 with heavy trading volume Friday following a Wall Street Journal report that the cybersecurity company is exploring a sale of its Veritas business.

The data storage and recovery business could potentially sell for more than $8 billion, according to the Journal.

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