Watching Cybersecurity Stocks Amid Report Of Cyberattacks On US Hospital Networks
Portfolio Pulse from Benzinga Newsdesk
US hospital networks are reportedly under cyberattacks, leading to the suspension of essential services. This situation is prompting increased attention towards cybersecurity stocks.
August 04, 2023 | 7:21 pm
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POSITIVE IMPACT
CrowdStrike Holdings, Inc. (CRWD) may see increased interest due to the reported cyberattacks on US hospital networks.
As a leading cybersecurity company, CrowdStrike may benefit from increased demand for its services in the wake of these attacks. This could potentially lead to a short-term increase in its stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Datadog, Inc. (DDOG) could potentially benefit from the reported cyberattacks on US hospital networks.
As a company that provides monitoring services for cloud-scale applications, Datadog could see increased demand in the wake of these cyberattacks. This could potentially lead to a short-term increase in its stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Zscaler, Inc. (ZS) could potentially benefit from the reported cyberattacks on US hospital networks.
As a cloud-based information security company, Zscaler could see increased demand for its services in the wake of these cyberattacks. This could potentially lead to a short-term increase in its stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
The reported cyberattacks on US hospital networks could potentially impact Sprint Corporation (S).
As a telecommunications company, Sprint may see indirect effects from these cyberattacks. However, the direct impact on its stock price is uncertain.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50