McAfee Corp shares fall 7% in Nasdaq debut

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Cyber security firm McAfee holds a virtual IPO at NASDAQ Marketsite

(Reuters) – Shares of cyber security firm McAfee Corp <MCFE.O> fell 7% in their market debut on Thursday, as the firm raised about $620 million in its initial public offering.

The stock opened at $18.60 per share, compared with its IPO price of $20 per share.

(Reporting by Ambar Warrick in Bengaluru; Additional reporting by Chibuike Oguh in New York; Editing by Shailesh Kuber)

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