FireEye stock pops on news of Facebook, Google findings

Key Points
  • Cybersecurity giant FireEye helped Facebook and Google identify Iranian influence campaigns that made use of their platforms, according to the companies.
  • FireEye, one of the world's largest cybersecurity companies, saw a stock boost from the announcements.
Kent Walker speaks at a "Grow with Google" launch event in Cleveland.
via Google 

Cybersecurity giant FireEye rose as much as 8 percent Thursday on news it has contracted with both Facebook and YouTube to help spot disinformation campaigns. The stock closed up nearly 6 percent at market close.

According to The New York Times, FireEye executives tipped Facebook off to an Iranian disinformation campaign, which led to further discoveries of other campaigns from both Iran and Russia.

Google said in a statement Thursday that FireEye, working with Google's own internal threat analysis divisions, also helped spot Iranian influence operations in its YouTube and email products.

"We're grateful to FireEye for identifying some suspicious Google accounts (three email accounts, three YouTube channels, and three Google+ accounts), which we swiftly disabled," according to a blog post by Kent Walker, Google vice president for global affairs.

FireEye published a report of the alleged malfeasance from Iran on its website.

The company provides a range of cybersecurity services, including intelligence analysis, disaster response and outsourced managed security operations.

Bullish options moves in FireEye and this energy stock
Bullish options moves in FireEye and this energy stock