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Corero Network Security – emphasises “significantly ahead of market expectations”, but what does it actually mean?...

By Steve Moore | Wednesday 22 December 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

“pre-close update” from self-styled “a leading provider of real-time, high-performance, automatic Distributed Denial of Service cyber defense solutions” Corero Network Security (CNS) includes EBITDA to be significantly ahead of market expectations for the year”… and the shares have currently responded more than 16% higher to above 13p. Is that justifiable?…

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