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What happened FireEye stock?

What happened FireEye stock?

(NASDAQ: FEYE), the leader in dynamic cyber defense and response, today announced that its corporate name change from FireEye, Inc. is now effective. The company has rebranded as Mandiant, Inc. and its Nasdaq common stock ticker symbol will change to MNDT from FEYE at the open of trading tomorrow, October 5, 2021.

Will FireEye be acquired?

Symphony Technology Group has completed its $1.2 billion acquisition of FireEye and has combined it with the McAfee Enterprise business to create a cybersecurity titan.

Why is FireEye stock falling?

FireEye stock fell sharply Friday, a day after the security services company posted largely in-line—but slightly confusing—second-quarter results. Investors are reassessing the cybersecurity company as it focuses on services and spins off a slower growing, but more profitable, software arm.

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Is feye stock a buy?

Wall Street is positive on FireEye Inc (FEYE). On average, analysts give the stock a Buy rating. The average price target is $22.111, which means analysts expect the stock to add by 17.93\% over the next twelve months.

Why did FireEye change its name?

The decision to rename itself reflects “the company’s strategy to focus on Mandiant’s security controls-agnostic solutions delivered through the Mandiant Advantage cloud-based platform.” As part of that strategy, the company agreed in June to sell its FireEye Products business, including the FireEye name, to a …

Who bought feye?

Per the agreement, FireEye had agreed to sell its product business, including the FireEye brand name, to a consortium led by the private-equity firm, Symphony Technology Group (STG), in an all-cash transaction worth $1.2 billion.

Did FireEye buy McAfee?

McAfee Enterprise and FireEye completed their merger on Friday, closing the $1.2 billion all-cash transaction that merges the two cybersecurity giants.

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What happened to the company FireEye?

Cybersecurity company FireEye Inc. feye said Monday it will officially change its name to Mandiant Inc. and trade under the new ticker symbol ‘MNDT’ from Tuesday.

What is the stock symbol for FireEye?

FEYE
Fireeye Inc (FEYE)

What’s the price of FireEye stock?

Key Turning Points

52-Week High 25.53
Fibonacci 50\% 18.99
Fibonacci 38.2\% 17.45
Last Price 17.27
52-Week Low 12.45

What is FireEye stock symbol?

MNDT
Cybersecurity company FireEye Inc. feye said Monday it will officially change its name to Mandiant Inc. and trade under the new ticker symbol ‘MNDT’ from Tuesday.

Should you hold FireEye (FEYE) stock?

The consensus among Wall Street analysts is that investors should “hold” FireEye stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FEYE, but not buy additional shares or sell existing shares. View analyst ratings for FireEye or view top-rated stocks.

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When is FireEye’s next quarterly earnings announcement?

FireEye is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021. View our earnings forecast for FireEye. How were FireEye’s earnings last quarter? FireEye, Inc. (NASDAQ:FEYE) posted its quarterly earnings data on Thursday, August, 5th.

What are Wall Street’s target price targets for FireEye’s stock?

9 Wall Street analysts have issued twelve-month price objectives for FireEye’s shares. Their forecasts range from $19.00 to $27.00. On average, they expect FireEye’s stock price to reach $21.50 in the next twelve months. This suggests a possible upside of 17.6\% from the stock’s current price.

What is FireEye’s (fire) return on equity?

FireEye had a negative net margin of 22.83\% and a negative trailing twelve-month return on equity of 9.57\%. View FireEye’s earnings history. How has FireEye’s stock been impacted by COVID-19 (Coronavirus)?