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Why FireEye (Nasdaq: FEYE) Stock Dropped 23% This Week
FireEye Inc. (Nasdaq: FEYE) stock dropped nearly 23% Thursday amid mixed Q3 results and a tepid full-year outlook.
After sinking to a 52-week low intraday, shares ended yesterday's session down 22.8% to $22.46. FEYE stock rebounded slightly today (Friday), up 4%, but it's still down 26% year to date.
FireEye Inc. (Nasdaq: FEYE) stock dropped nearly 23% Thursday amid mixed Q3 results and a tepid full-year outlook.
After sinking to a 52-week low intraday, shares ended yesterday's session down 22.8% to $22.46. FEYE stock rebounded slightly today (Friday), up 4%, but it's still down 26% year to date.