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Why Check Point Software Stock Popped Today

TheMotleyFool

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Why Check Point Software Stock Popped TodayPhoto, wide shot, wide-angle lens, Consumer electronics manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/0defe5ca-333a-451e-9549-4f262e278fc7.png

Shares of cybersecurity leader Check Point Software (NASDAQ: CHKP) were up 7% as of noon ET on Tuesday, according to data provided by S&P Global Market Intelligence.

The firewall specialist grew revenue and earnings per share by 7% and 10%, easily surpassing analysts' expectations.

Adding further excitement to the results, Check Point saw billing and cash from operations grow even faster at 20% and 23%, respectively, causing the stock to pop today.

Source Fool.com

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