Why Israel-based Hub Cyber ​​Security's stock price is rising today – Hub Cyber ​​Security (NASDAQ:HUBC)

Hub Cyber ​​Security Co., Ltd. (NASDAQ:HUBC) stock is rising on Monday following Iran's drone attack on Israel.

detail:

Shares of the Israeli-based cybersecurity company rose more than 11% on Friday, and were volatile on Monday following developments in the Middle East. More than 25.8 million shares have already changed hands this session, far higher than the stock's 100-day average volume of 3.134 million shares, according to data from Benzinga Pro.

Hub Cyber ​​Security announced on April 5th that it raised $8 million in straight debt arrangement.

“Securing this financing underscores our commitment to growth and financial stability. It will enable our strategic initiatives, meet our creditor obligations and strengthen our commitment to transparency and accountability. Reflects our commitment. Additionally, we are nearing completion of the audit process, a critical step in the timely submission of year-end financial reports, further affirming our commitment to our stakeholders. ” Noah HershkovizHub representative director.

related news: What's happening with Palantir stock?

How to buy HBC stock:

You're probably interested in how you can participate in the Hub Cyber ​​Security market, whether it's by buying shares or placing a bet on Hub Cyber ​​Security.

Stock purchases are typically made through a brokerage account. A list of available trading platforms can be found here. In many cases, you can purchase “fractional shares.” This allows you to own a portion of a stock without purchasing the entire stock. For example, some stocks like Berkshire Hathaway and Amazon.com can cost thousands of dollars to own just one share. However, if you only want to invest a portion of it, your brokerage will allow you to do so.

Hub Cyber ​​Security is trading at $1.60 at press time, meaning you can buy 64 shares for $100.

If you are looking to bet on a company, the process is more complicated. You'll need access to an options trading platform or a broker who can lend you the stocks you want to sell and “short sell” the stock. Check out this resource to learn about the process of shorting stocks. Otherwise, if your broker allows options trading, you can buy a put option or sell a call option with a strike price above the strike price at which the stock is currently trading. Either way, you can profit from a decline in stock prices.

HUBC price action: Hub Cyber ​​Security shares were up 23% to $1.60 as of publication on Monday, according to Benzinga Pro.

Image: Brian Penny from Pixabay