Why Forescout Technologies Stock Fell Today

Shares of network security company Forescout Technologies (NASDAQ: FSCT) fell on Monday, after the company announced its acquisition by Advent International would not close today as scheduled. As a result, the stock was down a whopping 25% as of 12:30 p.m. EDT.

Beyond the deal not going through today, it's possible it won't go through at all.

The acquisition of Forescout Technologies was close, but hasn't been completed. Image source: Getty Images.

Continue reading

Source Fool.com