RDWR Stock: Why It Increased Today

By Annie Baker ● September 14, 2021
  • The stock price of Radware Ltd. (NASDAQ: RDWR) increased by over 8% pre-market today. This is why it happened.

The stock price of Radware Ltd. (NASDAQ: RDWR) increased by over 8% pre-market today. Investors are responding positively to reports that they are in talks with Siris Capital to be acquired. According to sources with CNBC, the talks to sell itself to Siris Capital is not finalized and the talks could still fall apart.

Radware is a cybersecurity company that competes with companies like Akamai and Cloudflare. And they help protect corporate websites from hackers.

Radware has over 1,000 employees and the market value of the company is about $1.7 billion.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.