Cybersecurity Stocks in Focus After PANW Earnings
Palo Alto(PANW) Schaeffers Investment Research·2024-11-22 07:08
Palo Alto Networks Inc (NASDAQ:PANW) yesterday reported better-than-expected fiscal first-quarter earnings and revenue, as demand for its cybersecurity services grows stronger due to rising digital threats. The company also announced a two-for-one stock split. Sector peers Crowdstrike Holdings Inc (NASDAQ:CRWD) and SentinelOne Inc (NYSE:S) are enjoying halo lifts in response, making now a good time to check in on the sector.PANW is up 1.5% to trade at $398.57 at last check, which is within striking distance ...