FireEye Stock Tumbles After ‘Underwhelming’ Results. Some Analysts Are Staying Cautious.

3 years ago 416

FireEye banal fell sharply Friday, a time aft the information services institution posted mostly in-line—but somewhat confusing—second-quarter results.

Investors are reassessing the cybersecurity institution arsenic it focuses connected services and spins disconnected a slower growing, but much profitable, bundle arm.

In June, FireEye announced a woody to merchantability its FireEye...

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