FireEye (FEYE) Gives Up Rumored-Fueled Gains as Cisco's (CSCO) Chambers Pours Cold Water on M&A Rumor
FireEye (NASDAQ: FEYE) is lower after-hours (-3.4%) after Cisco (NASDAQ: CSCO) CEO John Chambers poured cold water on today's M&A rumor that had shares up 5.2% intra-day.
According to MaketWatch columnist, Therese Potelli, Chambers says he "would not bet on" M&A rumor du jour.
$CSCO's Chambers says he "would not bet on" M&A rumor du jour (likely referring to FireEye $FEYE acquisition rumors)
— Therese Poletti (@tpoletti) May 13, 2015