NEW YORK (TheStreet) -- Shares of FireEye (FEYE) were gaining 4.8% to $32.39 Friday, ahead of an official announcement linking North Korea to the Sony (SNE) hacks that led to the cancellation of The Interview, and continuing its gains from Thursday.
The U.S. Justice Department and the FBI are expected to announce that the hacks can be linked to North Korea, according to Bloomberg. The Obama administration is reportedly considering a "proportional response" to the hack, though it is wary the attack may have been intended to provoke a large-scale reaction.
The Interview is a comedy starring James Franco and Star Rogen as journalists who are asked by the CIA to assassinate Kim Jung-Un after securing an interview with the North Korean ruler. The film was scheduled for a Dec. 25 release, but was cancelled following threats from the hackers who leaked information from Sony's computer network.
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Sony recently hired FireEye's Mandiant forensics unit to handle the fall out from the hack, according to Reuters.
TheStreet Ratings team rates FIREEYE INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
"We rate FIREEYE INC (FEYE) a SELL. This is driven by some concerns, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share and deteriorating net income."