The Traderszone Network

Published in TZ Latest News 5 July, 2016 by The TZ Newswire Staff

After Falling 70%, Is FireEye Inc A Buy?

Shares of FireEye (NASDAQ: FEYE) have plunged nearly 70% over the past 12 months due to the cybersecurity firm’s slowing sales growth, rising competition, cash burn rate, and executive shakeup. FireEye recently bounced on news that it rejected several buyout offers, but that momentum has since faded.

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