Why FireEye, Inc. (FEYE) Stock Is Up Today

FireEye, Inc. (NASDAQ:FEYE) stock is popping Friday morning.

FireEye, Inc.The company announced a strategic alliance with global property and casualty insurer ACE Group today. The deal will help FireEye reduce its exposure to cyberthreats.

Through the alliance, FireEye’s technical insight will combine with ACE’s Loss Mitigation Services, which looks at cyber security risk.

The IT security company also benefited from a plug from Hewlett-Packard Company (NYSE:HPQ) CEO Meg Whitman in an interview with CNBC.

FEYE stock is up about 3.98% Friday.

More From InvestorPlace

Article printed from InvestorPlace Media, https://investorplace.com/2015/05/fireeye-inc-feye-stock/.

©2023 InvestorPlace Media, LLC