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.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs Marcus has seen major losses in the last few yearsGoldman Sachs' Marcus has seen $1.3 billion in losses since 2016 – mostly driven by startup acquisitions, cloud storage space, and tech talent hiring.
Read more »
Credit Suisse's COO stepped down after a bonkers spying saga caused 'severe reputational damage'The bank called the spying 'wrong and disproportionate.' Separately, a Credit Suisse contractor who hired the firm that investigated Khan, reportedly died by...
Read more »
The family of the Facebook employee who committed suicide has hired a law firm to investigateA law firm representing the family of the Facebook employee who committed suicide this month announced it is conducting an investigation into the circumstances of the death.
Read more »
German Film & TV Group Leonine Hires Christiane Goldberg As SVP SalesLeonine, the German media conglomerate backed by New York investment outfit KKR, has appointed Christiane Goldberg as Senior Vice President Sales. Goldberg joins the company on October 1 and will r…
Read more »
Credit Suisse contractor who hired a spy to trail a former top banker is reportedly dead by suicideThe investigative firm reportedly claimed in a memo to Credit Suisse that its employee acted alone and 'defensively' in the encounter.
Read more »