Cybersecurity stocks on the rise? Symantec & Proofpoint

Microsoft B7sB5d
Feb 1 8 Comments

What sparked the growth and success? Saw your stocks jumped.

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TOP 8 Comments
  • Apple / Eng MojaveX
    Mr. Robot got cancelled so hackers are outraged and will be hacking everything in sight! Good time to be in Infosec!
    Feb 1 0
  • This comment was deleted by original commenter.

  • Google KissMyPiss
    Same with most of the tech industry..
    Feb 1 0
  • Microsoft @at
    Pp beat estimates
    Feb 1 0
  • Symantec drthvader
    Symantec was down by 40% six months back and still long way to go to reach 2018 price.
    Feb 1 1
    • FireEye / Design khal
      Similar story with FEYE
      Feb 1
  • Proofpoint hbza02
    Short sellers that had to reverse their position , algorithmic trading, beating estimates, and hacking news. Still below all-time highs

    TC 390k
    Feb 2 0
  • Symantec APT10
    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.
    Feb 1 0