24/7 Market News Snapshot 25 February, 2025 – Allot Ltd. Ordinary Shares (NASDAQ:ALLT)
DENVER, Colo., 25 February, 2025 (247marketnews.com) – (NASDAQ:ALLT) are discussed in this article.
Allot Ltd. (NASDAQ:ALLT) has recently experienced a significant uptick in market activity, opening at $6.71 and currently trading at $7.815, reflecting an impressive increase of around 18.23% from the previous session’s close of $6.610. This surge is likely indicative of heightened investor interest, spurred by positive market sentiment or corporate developments. The trading volume has reached 1.54 million shares, showcasing robust momentum that may signal a continuation of this upward trajectory. As the session unfolds, traders are advised to remain vigilant regarding potential resistance levels and overall market volatility.
In conjunction with this market performance, Allot has announced a strategic partnership with Verizon Business aimed at enhancing cybersecurity solutions. This collaboration focuses on addressing the growing concerns surrounding mobile cyber threats that customers face today. Jennifer Varner, AVP of Security Products and Solutions at Verizon Business, reiterated the commitment to providing cutting-edge security offerings, stating, “We always want to be a step ahead for our customers, particularly when it comes to security.”
The integration of Allot’s NetworkSecure solution within Verizon’s cybersecurity portfolio promises to elevate the protection capabilities available to customers, particularly beneficial for small and medium-sized businesses (SMBs). Eyal Harari, CEO of Allot, expressed pride in this enhanced collaboration, underscoring the significance of delivering user-friendly cybersecurity measures that operate seamlessly without necessitating additional software installations.
By leveraging advanced network-native security solutions that require zero-touch client installation, businesses can better safeguard themselves against malware, phishing, and ransomware attacks. The partnership represents a forward-looking approach to cybersecurity, ensuring that customers not only achieve robust protection but also foster greater loyalty and trust within their markets. As Allot continues to innovate, its commitment to enhancing network intelligence and security remains steadfast.
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