Shine Coming Off McAfee’s MGT as Stock Tumbles 42% 0ver Two Days 18 minutes ago

The penny-stock success story, which surged sevenfold after hiring the cyber security guru in May, just slumped 42 percent over two days, capped after the New York Stock Exchange refused to list shares for a planned merger. Its market value is $48.9 million, down from $104 million on July 7. The decision put a damper on the Harrison, New York-based firm's plans to acquire D-Vasive Inc., sending MGT's stock down 25 percent to $1.89 on Tuesday.