McAfee Corp. MCFE shares jumped late in Friday’s regular session following a report that private-equity firm Advent International Corp. was close to a more than $10 billion deal to buy out the cybersecurity firm.
McAfee shares shot to an intraday high of $26.39 for a 24% gain less than an hour before closing up 20% at $25.46. The stock tacked on another 2% gain after hours. Shares opened Friday at $21.21, giving McAfee a market cap of $9.21 billion, and at Friday close the company was valued at $11.06 billion.
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