Zscaler shares are trading lower amid social media circulation of a post suggesting the company is aware of a threat actor claim of obtaining unauthorized information.
Portfolio Pulse from Benzinga Newsdesk
Zscaler shares are trading lower due to social media posts suggesting the company is aware of a threat actor's claim of obtaining unauthorized information.

May 08, 2024 | 7:19 pm
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Zscaler's stock is experiencing a downturn following social media rumors about a potential security breach.
The circulation of a post suggesting Zscaler is aware of a threat actor's claim of obtaining unauthorized information has led to a negative sentiment among investors, causing the stock to trade lower. The impact is direct as it concerns the company's security measures, which are critical for its reputation and customer trust. The short-term impact is likely negative due to potential concerns over cybersecurity vulnerabilities.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100