InvestorQ : Why did the price of Quick Heal Technologies rally sharply last week?
ishika Banerjee made post

Why did the price of Quick Heal Technologies rally sharply last week?

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4 months ago
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Quick Heal Technologies stock rallied 7% last week after the software security company made an additional investment in Israel based L7 Defence. Quick Heal has also signed a definitive agreement to invest up to $2 million in L7 Defence, based out of Israel.

L7 is an Israel based Cyber-security start-up company which focuses on Application Program Interface or Security as well as Next Generation Web Application Firewall (NG-WAF). The idea is to make data and apps safer. In the previous year, Quick Heal had already invested $300,000 in L7 Defence.

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