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Jan. 2, 2014, 6:23 p.m. EST

FireEye surges on Mandiant acquisition

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By Wallace Witkowski, MarketWatch

SAN FRANCISCO (MarketWatch) — FireEye Inc. shares jumped in the extended session Thursday after the security software firm said it acquired closely-held security firm Mandiant for about $1 billion.

Shares of FireEye /zigman2/quotes/204730283/lastsale FEYE -2.60%  surged nearly 22% to $50.20 on moderate volume following the announcement.

Mandiant is known for releasing a report last year that focused on a group of elite hackers in China.

Resources Connection Inc. /zigman2/quotes/202333327/lastsale RECN -3.83%  rose 5.3% to $15 on light volume after the consulting firm reported fiscal second-quarter 18 cents a share on revenue of $146 million. Analysts surveyed by FactSet expected 15 cents a share on revenue of $138.5 million.

Landec Corp. /zigman2/quotes/202795542/lastsale LNDC +8.29%  shares fell 3.1% to $11.65 on light volume after the packaging company’s second-quarter revenue fell short of Wall Street expectations.

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Apple, H-P lead weak day for tech stocks

/zigman2/quotes/204730283/lastsale
US : U.S.: Nasdaq
$ 10.31
-0.28 -2.60%
Volume: 368,154
April 1, 2020 10:26a
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.36 billion
Rev. per Employee
$259,672
loading...
/zigman2/quotes/202333327/lastsale
US : U.S.: Nasdaq
$ 10.55
-0.42 -3.83%
Volume: 10,996
April 1, 2020 10:23a
P/E Ratio
10.38
Dividend Yield
5.37%
Market Cap
$352.58 million
Rev. per Employee
$174,226
loading...
/zigman2/quotes/202795542/lastsale
US : U.S.: Nasdaq
$ 9.41
+0.72 +8.29%
Volume: 138,761
April 1, 2020 10:26a
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$253.43 million
Rev. per Employee
$760,534
loading...

Wallace Witkowski is a MarketWatch news editor in San Francisco. Follow him on Twitter @wmwitkowski.

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