Wall Street snubs McAfee
 

Internet colourful character John McAfee’s company MGT Capital Investments saw its shares drop 21 percent after the New York Stock Exchange denied approval of the listing of shares for a planned merger with anti-spyware company D-Vasive.

This means that in the last three days or so MGT shares have lost half their value. Most of this is because the outfit has received a subpoena from the US Securities and Exchange Commission.

http://www.techeye.net/business/wall...t-snubs-mcafee