|Day Low/High||175.79 / 175.99|
|52 Wk Low/High||83.81 / 140.81|
It's easy to see both large software companies and PE firms targeting at least a few moderately-valued software firms next year.
These names are displaying both technical and quantitative deterioration.
PFPT shares have been declining the past 12 months.
The last time I was helming the Diary, I touched on the prospects for the 2020-2021 school year to shift online. Indeed, in recent days we've seen a number of universities announce they were joining the ranks of grade and high schools that are only ...
Let's go over five excuses so you know and are armed with them when they are used and make you faint and weak-handed.
Wall Street is richly rewarding software firms it sees as long-term share-gainers within large addressable markets.
Nearly 20% of their customers are in the hospitality, travel and healthcare industries.
And the reality is that the more money you make, the more likely you can contribute to the causes that you care about.
Cyber attacks will surely be on the rise but that does not look like it will translate into high prices for PFPT just yet.
The charts of PFPT are not clearly bullish, but outlook is overall positive, so be patient and approach from the long side.
Cyber security stocks will be back in play today following the news that U.S. private equity group Thoma Bravo has agreed to buy Sophos (SOPH:LN) in a deal which values the British cyber security group at £3.1 billion including net debt. Ones to wat...
Enterprise spending on IT security remains strong, and a recent CIO survey suggests this spending could help during a recession.
Here's why Okta could accelerate, and what could derail the optimism.
Bit time uh-oh here... As more data on the Capital One data breach becomes available, the worse it looks. We're now hearing that 140,000 Social Security numbers were hit that hack. What makes this far worse than many other kinds of data theft is t...
Broadcom's success to date at making its $18.9 billion acquisition of CA Technologies work provides reason to think a Symantec acquisition could also pay off. But there are differences between Symantec and CA.
The price action on Proofpoint is looking bearish.
Let's check out the charts and indicators to see what is offered.
The security tech firm just reported a major billings decline, issued weak guidance and announced its CEO has resigned. Wall Street has its reasons for giving the company a relatively low valuation.
There's going to be a storm of deals and the market will not be able to handle it without taking the whole table lower.
Proofpoint and Symantec's earnings reports just gave a fresh lift to a security tech space that continues seeing healthy growth. Here are a couple of relatively low-risk options for playing it.
The charts and indicators suggest that Proofpoint could weaken a bit more.
It is all about perception, and here are strong names to pick up on market weakness.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer's favorite cyber security stocks are Proofpoint, followed by Palo Alto Networks.
Let's see what is in store for PFPT moving ahead.
The crash of oil will only accelerate the move.