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Blue Coat Systems Inc. (BCSI) Soars On Improved Earnings
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Movers
Posted on 11/25/09 at 12:53pm by Mark Moneymaster
Blue Coat Systems Inc. (NASDAQ: BCSI) soared by 7.5% to $27 in morning trading. The provider of Internet security for corporations forecast third-quarter profit excluding some items of at least 31 cents a share.
The performance of Blue Coat Systems Inc. (BCSI) beat the average analyst estimates, which was primarily responsible for the rise in Blue Coat Systems Inc. (BCSI) stock and the stock was looking poised for further gains as per candlestick movements.
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