Fortinet (FTNT) stock gapped up to a new high Tuesday, and many security software stocks rose, after the company late Monday posted its biggest quarterly billings growth since its IPO in 2009. Early Monday, security vendor Check Point Software (CHKP) posted Q1 results that beat on the top and bottom lines, sending its stock up more than 5% that day. In early afternoon trading in the stock market today, Check Point stock was up 0.3%, but hit a
After a rough 2014, security experts predict the financial, retail, health care and energy sectors will be top targets for cybercriminals in 2015 — with more firms taking out insurance against such attacks. Other vulnerable areas that, if attacked, could wreak havoc include food supplies, transportation and control systems that manage critical infrastructure such as water, sewage and traffic lights. Network security firm Fortinet (FTNT) expects
Check Point Software (CHKP) maintained the momentum, late Thursday posting a Q3 earnings beat a day after fellow security software maker Fortinet did the same. Check Point was up more than 1.5% in midday trading in the stock market today/, near 72. Fortinet (FTNT) stock was up nearly 1% in midday trading Friday after rising as much as 6% on Thursday, though it ended up the day up a shade over 1%. Israel-based Check Point raised its full-year