The canary in the security sector coal mine is starting to wheeze.
FireEye Inc. FEYE, +0.66% was one of the most prominent cybersecurity companies to enter the public markets amid a wave of high-profile attacks and investor fervor for such firms. But it says it is seeing a slowdown in attacks and projecting slower growth because of it.
The company reported Wednesday a wide miss in third-quarter billings — an important metric for future growth — and pulled down its full-year guidance, resulting in a stock plunge that pushed shares to their lowest prices yet.
