Why FireEye (FEYE) Is Falling Today

NEW YORK (TheStreet) -- FireEye (FEYE) was falling 5.1% to $73.80 Wednesday as the IPO lock-up period expires.

14.66 million restricted shares from the cybersecurity company's IPO are now eligible for trading, causing the stock price to dip. Another 95.6 million shares of FireEye will be eligible for sale soon as shares issued to Mandiant employees are registered for resale . FireEye acquired Mandiant earlier this year.

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FEYE ChartFEYE data by YCharts

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