Palo Alto Networks shares are trading lower in sympathy with Fortinet, which fell on weak guidance.
Portfolio Pulse from Benzinga Newsdesk
Palo Alto Networks' shares are trading lower, following a similar trend with Fortinet due to its weak guidance.
August 04, 2023 | 3:17 pm
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Palo Alto Networks' shares are trading lower due to weak guidance from Fortinet.
Palo Alto Networks' shares are trading lower as a result of weak guidance from Fortinet. This indicates that investors are concerned about the overall cybersecurity market, which is affecting Palo Alto Networks' stock negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100