Strength Seen in SecureWorks (SCWX): Can Its 20.4% Jump Turn into More Strength?
SCWXSecureWorks(SCWX) ZACKS·2024-08-30 16:10

SecureWorks (SCWX) shares soared 20.4% in the last trading session to close at $8.73. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.8% loss over the past four weeks. SecureWorks' shares appreciated following an exclusive report by Reuters stating that its parent company, Dell Technologies, is exploring a possible sale of the cybersecurity firm. Citing people familiar with the matter, Reuters revealed that Dell has hired inves ...