Nasdaq: FEYE earnings

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Why FireEye Inc. (Nasdaq: FEYE) Stock Soared Today

On Monday, FireEye Inc. (Nasdaq: FEYE) stock soared more than 7% on news that cybersecurity competitor Palo Alto Networks Inc. (NYSE: PANW) hit record-breaking Q2 2014 earnings numbers earlier this morning.

"Enterprises around the world are accelerating their investments in security to enable them to improve their business and protect them against the risks stemming from cyber attacks," Palo Alto Networks president and Chief Executive Officer Mark McLaughlin said at earnings release today.

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