Radware Drops 3% After Shareholder Vote
Radware Ltd. shares are down 3% heading into Thursday's Nasdaq open, as investors look at a routine shareholder vote and fresh numbers on the Israeli security firm's cloud business. Radware said Wednesday its shareholders passed all three proposals at the annual meeting. Timing is key here. The Nasdaq hadn’t begun its normal trading day in New York at that time. Regular hours are 9:30 a.m. to 4:00 p.m. Eastern, and pre-market kicks off at 4:00 a.m. May 28 doesn’t show up as a market holiday; Memorial Day was May 25, and Juneteenth is June 19.