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FireEye Swoons, Recovers Amid Erroneous Conference Cancellation

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FireEye Inc FEYE 0.49% had an eventful Thursday, opening at $18.28, diving to $17.68, and subsequently recovering beyond the open to a daily high of $18.50.

The activity is due to rumors that the cybersecurity company had opted out of upcoming conferences. However, a FireEye spokesperson has since stated no upcoming conferences have been canceled.

In an email to Benzinga, the spokesperson said, "We haven't cancelled any conferences and in fact we are more active...