ZS - Rising coronavirus lockdowns FireEye's $400M strategic investment drive software stocks higher

Software stocks are trending higher today with some of the notable names getting a pandemic-related tailwind from the tightening restrictions in the U.S. as coronavirus cases spike.The sector is also riding yesterday's news that FireEye received a $400M strategic investment led by Blackstone.Top software movers include major WFH players Slack ([[WORK]] +6.3%), Fastly ([[FSLY]] +4.4%), and Zoom Video ([[ZM]] +6.9%), recently public names Sumo Logic ([[SUMO]] +6.1%) and Unity Software ([[U]] +6.0%), and Atlassian ([[TEAM]] +4.4%), ZoomInfo ([[ZI]] +3.4%), and Zscaler ([[ZS]] +4.1%). Previously: FireEye stock still climbing despite downgrade as other analysts praise acquisition, $400M strategic investment (Nov. 20 2020)Shares of Zoom and Fastly have exploded during the pandemic and recovered from the WFH pullback related to the recent positive coronavirus vaccine news. Here's a look at how the stocks performed compared to the tech sector (XLK) and S&P 500 over the past year:

For further details see:

Rising coronavirus lockdowns, FireEye's $400M strategic investment drive software stocks higher