logo
Plus   Neg
Share
Email

FireEye Pulls Back Off Best Levels But Remains Firmly Positive

After gapping open sharply higher, shares of FireEye (FEYE) have pulled back off their best levels but continue to see significant strength in afternoon trading on Friday. FireEye is currently up by 6.5 percent after reaching its best intraday level in three months.

The initial jump by FireEye came after the cybersecurity services provider reported an unexpected fourth quarter profit and provided a strong forecast.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The Goldman Sachs Group, Inc. (GS) reported earnings per common share of $6.28 for the third quarter of 2018 compared to $5.02 for the third quarter of 2017. On average, 22 analysts polled by Thomson Reuters expected the company to report profit per share of $5.38 for the quarter. Analysts' estimates... Johnson & Johnson (JNJ) on Tuesday, while reporting financial results for the third quarter, raised its adjusted earnings and sales forecast for fiscal 2018. The company raised full-year outlook for adjusted earnings to a range of $8.13 to $8.18 per share. This reflects an increase in expected operational... Bahrain's foreign minister has called for a boycott of Uber after the ride-hailing company's Chief Executive Officer Dara Khosrowshahi said he will not attend an investment conference in Bahrain's ally, Saudi Arabia. Khosrowshahi is among several business leaders who have said they are pulling out of the three-day investment conference slated to take place in Saudi Arabia beginning October 23.
Follow RTT