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Debit spread

A relatively small but fast-growing software company recently announced earnings. GlobeNewswire reported that Mimecast Limited (Nasdaq: MIME), a leading email and data security company, delivered financial results for the second quarter ended September 30, 2019. Traders seemed to like the news. The report noted, “Email Security 3.0 furthers our...

Earnings news can attract attention of investors and analysts. One example, The Street recently reported, is in this news story. “Analysts were scrambling to boost their price targets on Fortinet (Nasdaq: FTNT) after the cybersecurity software company blew past analysts' expectations with a third-quarter growth surge. Analysts at...