MGT Capital Investments Inc. (MGTI)

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MIAMI, May 11, 2016 /PRNewswire/ MGT listed right under APPLE!

TechStockInsider.com issues the following report: Despite Apple Inc.'s (AAPL) recent fall from grace, dropping 17% in the past month, several technology stocks have posted strong gains giving a boost to the overall sector. Increasing internet penetration in emerging markets and a growing dependence on mobile devices and smartphones has investors in multiple niche tech sectors cheering.

MGT Capital Investments Inc. (NYSE: MGT) has soared as much as 111% over the last two trading sessions after John McAfee, the antivirus software pioneer and presidential candidate, has been named chief executive officer and executive chairman of the company. MGT has agreed to acquire specific technology and assets of McAfee's anti-spy software firm D-Vasive for $300,000 in cash and 23.8 million restricted shares, or 47% of the company.

According to http://www.TechStockInsider.com John McAfee sold his former computer antivirus software company, McAfee, to Intel (INTC) for $7.7 billion in 2011.


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