Palo Alto IN, Check Point OUT: The big turnaround on the NASDAQ

by time news

Check Point, which began trading on NASDAQ in 1996 and has been managed for 26 years by Gil Schweid, is one of the pioneers in the development of the firewall system. The company recorded revenues of about $ 534 million in the third quarter of this year – an increase of 5% Compared to the same quarter last year.

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Check Point, whose stock has climbed about 30 percent in the past five years, is traded at NASDAQ at a value of $ 14.7 billion. The Nasdaq 100 index has risen by about 232% in the last five years.

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