Skip to main content

Market Overview

Sony Hires FireEye To Clean Up Hacking Mess

Share:

FireEye Inc (NASDAQ: FEYE) shares continued to push higher Friday as Sony Corp (ADR) (NYSE: SNE) announced that it had hired the company "to clean up a massive cyber attack that knocked out the studio's computer network nearly a week ago," according to Reuters.

As fallout from the Sony attack continued to unfold, investors appeared to be looking at FireEye as a long-term play in the cyber-security sector. FireEye stock was up 6 percent on Friday, following gains of 8 percent on Thursday and 3 percent on Wednesday.

The attack on Sony and its subsequent decision to scrub the release of "The Interview" amid threats from hackers appears to be lifting FireEye’s peers as well.

Qualys Inc (NASDAQ: QLYS) has been moving higher since Wednesday afternoon and recently traded at $38.99, up 5.1 percent.

Symantec Corporation (NASDAQ: SYMC) also traded higher Friday at $26.14, up 1.55 percent. Juniper Networks, Inc. (NYSE: JNPR)  recently traded at $22.27, up 1.69 percent.

Sony was last down 2.7 percent at $20.56.

 

Related Articles

View Comments and Join the Discussion!

Posted-In: Reuters The InterviewLong Ideas News Intraday Update Trading Ideas

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com