By Simply Wall St
Publication Date: 2026-04-05 01:12:00
Find your next quality investment with Simply Wall St’s easy and powerful screener, trusted by over 7 million individual investors worldwide.
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Broadcom (NasdaqGS:AVGO) has introduced Symantec CBX, a cloud based cybersecurity platform that combines Symantec and Carbon Black technology.
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The new AI powered XDR service is aimed at organizations that lack dedicated enterprise grade security teams or resources.
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Symantec CBX integrates threat detection, incident response, and adaptive protection into a single offering delivered from the cloud.
For investors watching NasdaqGS:AVGO, this launch adds another piece to Broadcom’s broader software and security push alongside its semiconductor operations. The stock trades at $314.55, with a 1 year return of 116.8% and a 3 year return that is very large relative to the starting point. Those figures sit against a more mixed near term picture, including a 30 day return of 5.5% and a year to date return of 9.5%.
Symantec CBX gives…
