Why FireEye (Nasdaq: FEYE) Stock Dropped 23% This Week

FireEye Inc. (Nasdaq: FEYE) stock dropped nearly 23% Thursday amid mixed Q3 results and a tepid full-year outlook. After sinking to a 52-week low intraday, shares ended yesterday's session down 22.8% to $22.46. FEYE stock rebounded slightly today (Friday), up 4%, but it's still down 26% year to date. Here's why the stock continues to drop... Tags: cybersecurity stocks , FEYE shares , FEYE stock , FEYE stock price , FireEye Q3 earnings , FireEye stock , Fireye stock price , Nasdaq: FEYE To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why FireEye (Nasdaq: FEYE) Stock Dropped 23% This Week appeared first on Money Morning - We Make Investing Profitable .
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