As a reminder, if our trade alert is issued with less than 45 minutes in the trading day, Jim executes the trade 5 minutes before the market closes. By waiting, we presume that Investing Club members will receive a better price in the market than what we do.
NortonLifeLock announced Monday morning that its pending merger with the European-based consumer cybersecurity company Avast was cleared by the U.S. Department of Justice. The news passes a regulatory hurdle that we previously thought posed some risk because the deal combines two of the top three market leaders in the consumer cybersecurity industry. NortonLifeLock continues to expect the transaction will close in mid-2022.