FBI Reportedly Used Israel-Based Security Firm's Unreleased Technology To Crack Trump Shooter's Phone
Portfolio Pulse from Benzinga Neuro
The FBI used an unreleased technology from Israel-based Cellebrite (NASDAQ:CLBT) to unlock the phone of a shooter who targeted former President Donald Trump. The incident has led to scrutiny of the U.S. Secret Service and could have political consequences for Trump's campaign.
July 19, 2024 | 1:18 pm
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Cellebrite's unreleased technology helped the FBI unlock the phone of a shooter targeting Trump, leading to a 2.07% pre-market increase in its stock price.
The successful use of Cellebrite's unreleased technology by the FBI highlights the company's advanced capabilities, likely boosting investor confidence and driving the stock price up in the short term.
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