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Fly News Breaks for March 17, 2015
FIVN
Mar 17, 2015 | 14:33 EDT
JPMorgan said it views the fact that Five9 board member Jack Acosta bought 200,000 shares of the company's stock last Thursday, March 12, for almost $1M as a bullish sign and an indication of confidence in the company’s outlook. The firm thinks Five9 is on track for better than expected cash generation this year and maintains its Overweight rating on the stock.
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