Check Point Down as CFO Denies Rumor - TheStreet

Check Point (CHKP) - Get Report was down 9.4% as its CFO denied rumors that the company is about to release a revenue warning.

Talk that the Israeli data-security giant is about to report a 10% drop in second quarter earnings has sent its shares down in active trading.

CFO Eyan Desheh told

the talk was completely unfounded. "We do not intend to publish any significant negative announcement in the near future," Desheh said.