Shares Of FireEye Surge Higher Following Celebrity Leaked Photos, Home Depot Security Breach

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Shares of
FireEyeFEYE
were trading higher by more than five percent on Tuesday. Many traders are speculating the sharp move higher could be attributed to a leak of celebrity photos over the weekend, as well as news of yet another credit card data breach at a major retailer. Over the long weekend, private and revealing pictures of Jennifer Lawrence found its way onto a handful of sites including 4chan and Reddit. Pictures of other well-known celebrities like Kate Upton, Lea Michele and Victoria Justice were also posted. It is believed that a hacker breached
Apple's
AAPL
infrastructure and iCloud accounts. The company told
Re/Code it was “actively investigating” the intrusion. Re/Code also reported that researchers at FireEye stated that it appears to have been a “fairly straightforward” attack that could have been prevented. In addition, Home Depot HD announced Tuesday afternoon following reports of a credit card breach. FireEye made national headlines after it was reported that its analysts detected a massive credit card data breach at Target TGT and alerted the company. According to
Reuters,
Target may have ignored or overlooked such warnings. Shares of FireEye traded above a technical level of $32 on Tuesday. Looking back at a historical chart of FireEye shares, shares moved below $32 on August 6th and unsuccessfully tested the $32 level several times before trading lower to around $28.
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Posted In: Newsdata breachFireEyehome depotiCloudJennifer LawrenceTarget
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