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John McAfee Global Technologies Inc (MGT)

John McAfee Global Technologies Inc (MGT)

John McAfee Global Technologies Inc is a cybersecurity-based company which previously operated under a different name since January 2000.

On May 9th, 2016 the company named John Mcafee as CEO.

Mcafee moved to acquire D-Vasive a company that produces software that protects cellphones, on May 9.

Before the shift, the company focused on online games such as slots simulator SlotChamp and had a 10% stake in daily fantasy site DraftDay.com.

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As of May 2016, MGT stock is one of the most actively traded in all of American publicly traded stock having increased in value by over 1,600% in the past 6 months and over 1,000% in May 2016 alone.

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In conjunction with these major announcements, MGT also struck a consulting agreement with Future Tense Secure Systems Inc., a technology incubator founded by John Mcafee.

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References

[1]
Citation Linkinvestorplace.comCritical analysis of the stock MGT in 2016
May 18, 2016, 8:13 AM
[2]
Citation Linkthepointreview.comInteresting MGT stock analysis
May 18, 2016, 8:14 AM
[3]
Citation Linkbusinessinsider.comSequence of events in May 2016 for MGT stock movement.
May 18, 2016, 8:08 AM
[4]
Citation Linkdvasive.comA company purchased by MGT
May 18, 2016, 8:38 AM
[5]
Citation Linkmgtci.comOfficial site of the company
May 19, 2016, 5:39 AM