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Why FireEye Stock Fell 15.9% in September

TheMotleyFool

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Why FireEye Stock Fell 15.9% in SeptemberPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.theapi.app/temp/bee95973-d201-429b-849e-52867059bd1a.png

Shares of FireEye (NASDAQ: FEYE) fell 15.9% in September, according to data from S&P Global Market Intelligence. The entire cybersecurity sector fell last month, but FireEye has actually performed worse than the other top players in the space.

Many cybersecurity stocks are up for the year, as the COVID-19 pandemic has accelerated attacks on vulnerable companies. However, FireEye's stock still remains below its January highs and is down 25% on the year.

Image source: Getty Images.

Source Fool.com

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