ForeScout jumps after Bloomberg says exploring options including sale

ForeScout Technologies (FSCT) is working with a financial adviser to explore strategic options, including a possible sale, Bloomberg reports, citing people familiar with the matter. The move comes after activist investor Corvex Management and its partner, Jericho Capital Asset Management, disclosed a combined 14.5% in the cybersecurity company last month and said they planned to push for changes, Bloomberg points out. Following the report, shares of ForeScout are up 6.5%, or $2.03, to $33.00.