The stock price jump arrives as major US indexes fall roughly 2% on negative economic data and reignited recession fears.
Cybersecurity firm FireEye skyrocketed as much as 11% after sources told Business Insider it hired Goldman Sachs to advise the company on a potential sale. The jump came amid broad losses across major US indexes, which fell roughly 2% on negative economic data and reignited recession fears. The company is eyeing private-equity firms as the most likely buyers, the sources said. FireEye is still down more than 30% since its 2013 initial public offering. Watch FireEye trade live here.
Cybersecurity firm FireEye skyrocketed as much as 11% after sources told Business Insider it hired Goldman Sachs to advise the company on a potential sale. The jump came amid broad losses across major US indexes, which fell roughly 2% on negative economic data and reignited recession fears. The company is eyeing private-equity firms as the most likely buyers, the sources said. FireEye is still down more than 30% since its 2013 initial public offering. Watch FireEye trade live here.
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