Strength Seen in CyberArk (CYBR): Can Its 13.5% Jump Turn into More Strength?
CyberArk (CYBR) shares soared 13.5% in the last trading session to close at $434.48. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.9% loss over the past four weeks.The stock soared after the Wall Street Journal reported that Palo Alto Networks (PANW) is in advanced talks to acquire CyberArk. Citing people familiar with the matter, the Wall Street Journal stated that the deal could be worth more than $20 billion.This maker of ...