Why Check Point Software Stock Crashed Today
Despite reporting a sizable earnings beat this morning, Israeli network security provider Check Point Software Technologies (NASDAQ: CHKP) saw shares of its stock close 10.5% lower today.
Expected to earn $2.11 per share, pro forma, on sales of $555.4 million in its fiscal Q4, Check Point reported Wednesday morning that it had earned $2.17 per share pro forma on sales of $563.8 million.
Source Fool.com