Wednesday 12 August 2015

As CyberArk Beats, Cybersecurity ETF Draws A Warning

Otmane El Rhazi from Investor's Business Daily - ETFs RSS.

Israeli firm CyberArk Software (CYBR) smashed Wall Street expectations with its Q2 earnings beat Tuesday. The network security provider's stock price has almost doubled since its September IPO. Savvy Americans rode the coattails of a new ETF for investment success in the relatively young cybersecurity industry. PureFunds ISE Cyber Security (HACK) launched in November 2014 and rapidly swelled to more than a billion dollar in assets. But that very

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