IBD’s Screen of the Day is Young Guns, which highlights newly public companies with stellar growth and stock performance. Let’s take a look at the two youngest young guns on the list: CyberArk Software (CYBR) went public on Sept. 24 at 16, and has gained over 130% since its IPO. In the wake of the Sony (SNE) hack and other cyberattacks, the security software group has been performing well. Other stocks in the group include Palo Alto Networks
IBD’s Screen of the Day is Young Guns, which highlights newly public companies with stellar growth and stock performance. Let’s take a look at the two youngest young guns on the list: CyberArk Software (CYBR) went public on Sept. 24 at 16, and has gained over 130% since its IPO. In the wake of the Sony (SNE) hack and other cyberattacks, the security software group has been performing well. Other stocks in the group include Palo Alto Networks
Video game retailer GameStop (GME) earned a power-up with its holiday sales report late Tuesday. Investors were enthused by strong sales of video game software in the December quarter. GameStop stock rose 12.4% to 36.84 in early afternoon trading in the stock market today. GameStop’s total global sales for the holiday period ended Jan. 3 were $2.94 billion, down 6.7% compared with the 2013 holiday sales period. GameStop’s (GME) sales were negatively affected by foreign currency exchange rates due to the strong dollar. In constant currency, GameStop’s holiday sales were down 4%. New software sales grew 5.8%, or 8.9% in constant currency. The growth was driven by software for Sony’s (SNE) PlayStation 4 and Microsoft’s (MSFT) Xbox One consoles, led by hot titles such as Activision’s (ATVI) “Call of Duty: Advanced Warfare,” Take-Two Interactive Software’s (TTWO) “Grand Theft Auto 5” and Ubisoft’s “Far Cry 4.” Sales of new hardware declined 32%…