Zscaler shares soared to an all time high after beating earnings exppectations and raising guidance as the lockdown Work From Anywhere Trend (WFA) and the digitization of business underscored that the shift continues to benefit $ZS with the surge in demand for it’s cloud security products.
Technology security company Widepoint was awarded the U.S. Department of Homeland Security Cellular Wireless Managed Services (CWMS) 2.0 Contract valued at up to $500 million. The first CWMS contract was awarded to WidePoint in 2013. $WYY stock soared over 50% on the news, The new contract size is around 10 times the companies market cap.
Cybersecurity firm CrowdStrike reported first-quarter earnings Tuesday swinging to a profit with stronger revenue $CRWD also raised earnings guidance above expectations, sending shares up. Cloud-based security software customers include Amazon Web Services and Credit Suisse.
Cybersecurity firm CrowdStrike first day of trading on the Nasdaq saw $CRWD surge 90% from its IPO price of $34. $CRWD cloud-based security software customers include Amazon Web Services and Credit Suisse. PR from high profile hacking including North Korea, Russia and China help.