RE:Pivot Hit By Cyber Attack - No Material Impact AnticipatedThere has to be some concern and we wont know until they fill in the details. The press release you quoted repeats the "no materila impact" bullet which indicates they threw this together in a hurry. Once they reveal the extent of the breach it will be possible to guess what the impact on the business will be. And more importatnly for us, the impact on the stock price. I think that it is pretty bad and that is why they got it out early. If it really was minimal, they could have waited the weekend to provide details on monday.
Fingers crossed......4% down is routine for this stock.