Tech Shares Bid Up Before Opening Bell

By: Tomas Ronolski - AllPennyStocks.com News

Tuesday, April 25, 2023

A Maryland-based tech firm is turning heads during Tuesday’s premarket action after it was announced yesterday that the company has completed the acquisition of LookingGlass Cyber Solutions, Inc., a leader in external attack surface management and global threat intelligence.

This news are apparently causing traders to attempt to aggressively buy up shares of ZeroFox Holdings Inc. (Nasdaq:ZFOX) as shares of this small cap are currently bid up at $1.23/share (+12.84% implied open for sellers) at the time of writing. It should be an exciting session for this stock!

ZeroFox Holdings Inc is a cybersecurity company. It provides external threat intelligence and protection to disrupt threats to brands, people, assets and data across the public attack surface in one, comprehensive platform. With complete global coverage across the surface, deep and dark web and an artificial intelligence-based analysis engine, the ZeroFox Platform identifies and remediates targeted phishing attacks, credential compromise, data exfiltration, brand hijacking, executive and location threats and more.

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