TGNA - Why Is Cyren (CYRN) Stock Down 9% Today?
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Cyren (NASDAQ:CYRN) stock is falling on Monday as the cybersecurity company’s shares continue to experience volatility.
Investors keeping track of CYRN stock will note that it’s been on a wild ride these last few days. The company’s shares have been rising and falling over the last week after revealing plans to sell part of its business in Iceland.
That news initially sent shares of CYRN stock higher last week. However, the stock didn’t maintain those gains, which caused it to experience a dip the following day. Afterward, it’s been a rollercoaster ride as the stock seems to increase and decrease each day.
CYRN Stock Movement Today
That crazy movement is continuing on Monday with CYRN shares down 9.3% as of Monday morning. That comes alongside some 489,000 shares of the stock changing hands this morning. That’s a strong start to trading volume today considering the company’s daily average is roughly 876,000 shares.
As for a longer look at CYRN stock’s performance, the company’s shares are down 55% since the start of the year. Also, the last 52 weeks of trading have seen shares of the cybersecurity company’s stock fall about 95%.
Investors on the lookout for more of the latest stock market news will want to keep reading!
We’ve got all of the hottest stock market coverage traders need to know about on Monday! That includes what’s got shares of Tegna (NYSE:TGNA), ObsEva (NASDAQ:OBSV), and Lucira Health (NASDAQ:LHDX) stock on the move today. You can catch up on all of that news by checking out the following links below!
More Monday Stock Market News
- Why Is Tegna (TGNA) Stock Down 23% Today?
- Why Is ObsEva (OBSV) Stock Up 61% Today?
- Why Is Lucira Health (LHDX) Stock Up 237% Today?
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
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