$MGT Rebounds After AM Pull-Back


Shares of tech stock MGT have seen a wild swing in price on Friday the Thirteenth.  The Tech company just announced on Monday it would change its name to John McAfee Global Technologies Inc and that it would buy some assets of McAfee’s anti-spy software company, D-Vasive Inc. and since then, shares have been flying in the market.  From Monday’s lows of $0.423, the stock has managed a jump of 342% and this morning the price dropped to lows of $1.17 following a frenzy of panic selling.  Since then, the technology company has seen a reverse in price by 50% and has now started to trade between $1.65 and $1.76 during the early part of the afternoon.




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