CyberArk Stock Lockup Ends Monday, Volatility Ahead?

By | August 21, 2015

Scalper1 News

A large chunk of CyberArk Software (CYBR) stock will be released for trading Monday, which could create selling volatility in the provider of cybersecurity software. About 12.3 million shares will be released from a stock lockup period on Monday, representing about 35% of the 35 million diluted shares outstanding. According to a June 10 SEC filing by CyberArk when it announced the pricing of a secondary offering of 4.9 million shares, Scalper1 News

Scalper1 News