McAfee Profit Plunge Destroys Tech Stocks - Henry Blodget

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McAfee Profit Plunge Destroys Tech Stocks
Oct 30, 2009 03:18 PM UTC

Henry Blodget

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Via Silicon Alley Insider:

mcafeestock

You'd think a company known for anti-virus products wouldn't be a market mover.

But here we are, watching the technology companies plummet like seagulls full of Alka-Seltzer. Right now, shares of McAfee (MFE) are down 7% after the company reported a 25% drop in profit, which is nothing to scoff at.

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