Palo Alto Networks shares are trading lower in sympathy with Fortinet, which fell on weak guidance.
Portfolio Pulse from Benzinga Newsdesk
Shares of Palo Alto Networks (PANW) are trading lower, following a similar trend with Fortinet due to its weak guidance.
August 04, 2023 | 2:46 pm
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Palo Alto Networks' stock is trading lower due to weak guidance from Fortinet, indicating a potential industry-wide issue.
Palo Alto Networks' stock is trading lower, likely due to investors' concerns about weak guidance from Fortinet, a similar company in the industry. This could indicate broader issues in the sector, negatively affecting PANW's stock in the short term.
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