Why Is SuperCom (SPCB) Stock Up Today?

InvestorPlace2022-03-22

Shares of tiny cybersecurity firmSuperCom(NASDAQ:SPCB) are up 10% today as the White House hones in on new threats.So what do you need to know?SuperCom is a small cybersecurity firm based in Israel. ...

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ASMH
2022-03-23
ASMH
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claratan
2022-03-23
claratan
Wow
Doris11
2022-03-23
Doris11
Like please
kevinlaisq
2022-03-23
kevinlaisq
Pls like
YYKTAN
2022-03-23
YYKTAN
Latest
fysx49
2022-03-23
fysx49
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Several services at Apple(NASDAQ:AAPL), including its app store, suffered outages yesterday.Why It MattersShares of leading cybersecurity firms have been rising since Russia invaded Ukraine as concerns over online breaches and hackers intensifies.CrowdStrike(NASDAQ:CRWD) stock has risen 27% in the last month, while shares of Palo Alto Networks(NASDAQ:PANW) have risen 22%.SuperCom stock, while a smaller player in the cybersecurity space, is benefitting from the growing focus on preventing cyberattacks and hackers. As companies ramp up their spending on cybersecurity, stocks in the entire sector should continue to benefit, including SPCB stock, which is already up more than 20% this year.What’s Next for SuperComWith the threat of cyberattacks on the rise, SPCB stock and other cybersecurity plays are likely to continue rising in the near term. How long the gains last is a question mark. 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