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Why FireEye, Inc. Stock Dropped 16.4% in November

TheMotleyFool

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Why FireEye, Inc. Stock Dropped 16.4% in November

Shares of FireEye Inc. (NASDAQ: FEYE) fell 16.4% in November, according to data from S&P Global Market Intelligence, after the cybersecurity leader followed better-than-expected quarterly results with underwhelming forward guidance.

To be sure, FireEye plunged more than 10% on Nov. 2, 2017 alone -- the first trading day after its report -- then continued to drift lower throughout the rest of the month.

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Source: Fool.com