These cybersecurity stocks could be most hurt by Hamas's attack on Israel

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Check Point Software’s stock falls as J.P. Morgan notes more than half its office space is in Israel

J.P. Morgan analyst Brian Essex listed a number of security software companies with ties to Israel, in anticipation of investor interest in those with exposure to the region, after Hamas’ attack on Israel over the weekend.

The company has the “most meaningful exposure” of those Essex covers, as it is headquartered in Tel Aviv, with 60% of its office space and 42% of its employees in Israel at last count.CyberArk Software Ltd. shares CYBR, +5.82% shed 2.7%, a day after it shot up 5.8%. “While not headquartered in the country, SentinelOne maintains of its 44% long lived assets in Israel, with a portion of based in Tel Aviv,” Essex wrote.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines