CyberArk Spikes On Rumored Check Point M&A Talks

By | January 13, 2016

Scalper1 News

Check Point Software Technologies’ (CHKP) rumored interest in CyberArk Software (CYBR) could be the “tip of the iceberg” for cybersecurity M&A activity in 2016, FBR analyst Daniel Ives said Wednesday. CyberArk shares spiked 25% intraday on the stock market today, hitting a two-month high on news that Check Point may be in talks to acquire it. Shares closed 2015 up 14% for the year, but they are down 50% from the stock’s all-time high at 76.35, Scalper1 News

Scalper1 News