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Check Point Software Technologies (CHKP) Is Rising After Q2 Profit Beat

Check Point Software Technologies (CHKP) reported second quarter adjusted EPS of $0.99 Wednesday morning, up from $0.89 in the prior year period. Analysts expected EPS of $0.95.

Check Point Software Technologies has gapped open sharply higher Wednesday and is now up 6.19 at $84.93 on above average volume. The stock has jumped to a 1-month high and has re-crossed its 50 and 200-day moving averages.

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