PANW Stock Drops After Earnings
As Palo Alto Networks Inc (NYSE:PANW) learned on Thursday, investors can be unforgiving about an earnings miss. PANW stock dropped 10% in morning trading as the market digested its quarterly report.
The entire cybersecurity industry has been pummeled in the last year, but some analysts believed Palo Alto Networks could buck the trend. With consistent triple-digit growth on its top line, the company had won itself a long line of credit from investors.
However, it seems the company's balance is now overdue.
PANW stock delivered $345.8.
Den vollständigen Artikel lesen ...
As Palo Alto Networks Inc (NYSE:PANW) learned on Thursday, investors can be unforgiving about an earnings miss. PANW stock dropped 10% in morning trading as the market digested its quarterly report.
The entire cybersecurity industry has been pummeled in the last year, but some analysts believed Palo Alto Networks could buck the trend. With consistent triple-digit growth on its top line, the company had won itself a long line of credit from investors.
However, it seems the company's balance is now overdue.
PANW stock delivered $345.8.
Den vollständigen Artikel lesen ...