Scores of companies have had data breaches in the past few years. And for the most part, the publicly traded companies who’ve been hacked have all bounced back.
Target (TGT) may have suffered the most from its late 2013 credit card security snafu. The stock fell in the first few months after the breach and sales dipped too. The CEO ultimately lost his job. But the stock has since bounced back and is near an all-time high.
It’s not alone either. Home Depot (HD) didn’t miss a beat after it was hacked last year. Arts and crafts retailer Michaels (MIK) has recovered. And so has Marshalls and TJ Maxx owner TJX (TJX), which had arguably the worst and most famous retail hack back in 2007.
–
And shares of FireEye (FEYE), which owns consulting firm Mandiant, rose more than 5%. Anthem said it has hired Mandiant to help it sort out the data breach. Mandiant worked with Sony as well.
Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2015 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2015. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.
