Palo Alto, Fortinet, CyberArk Face-Off For Fed Money

By | November 16, 2015

Scalper1 News

There’s $14 billion up for grabs in fiscal 2016 cybersecurity spending by the sector’s biggest customer — the federal government — and Palo Alto Networks (PANW), FireEye (FEYE), Fortinet (FTNT) and CyberArk Software (CYBR) are vying for their respective chunks of cash. But some are doing better than others. FireEye stock plunged to a record low 21.75 on Nov. 5 after reporting Q3 sales that missed Wall Street views and guiding below consensus Scalper1 News

Scalper1 News