What sparked the growth and success? Saw your stocks jumped.
Pp beat estimates
Symantec was down by 40% six months back and still long way to go to reach 2018 price.
Similar story with FEYE
Same with most of the tech industry..
Symantec beat earnings and Enterprise BU posted low single digit organic growth #s, which doesn’t sound great until you realize expectations were flat or shrinking. Also, guidance was strong for next year. Lastly, there is continuing speculation about consolidation in the industry so it’s possible that good earnings means investors think we are more likely to see M&A across the security sector.
Short sellers that had to reverse their position , algorithmic trading, beating estimates, and hacking news. Still below all-time highs TC 390k
Mr. Robot got cancelled so hackers are outraged and will be hacking everything in sight! Good time to be in Infosec!