Workflow
High Hopes Dashed: Why Check Point Stock Fell Today
CHKPCheck Point Software Technologies .(CHKP) The Motley Fool·2024-10-30 04:06

Could Check Point be undervalued today? Here's how the cybersecurity expert hit every third-quarter target and still suffered a share price correction. Shares of Check Point Software Technologies (CHKP -14.47%) fell as much as 16.8% on Tuesday, hamstrung by an uninspiring earnings report. The cybersecurity expert's shares recovered slightly to a 13% drop by 2:30 p.m. ET. How Check Point met every target and still disappointed investors Check Point's third-quarter revenue rose 7% year over year to $635 milli ...