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

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'sAAPL

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.