Shares of cybersecurity stocks are trading lower in sympathy with Palo Alto Networks, which fell after reporting Q3 earnings.
Portfolio Pulse from Benzinga Newsdesk
Shares of cybersecurity stocks are trading lower in sympathy with Palo Alto Networks, which fell after reporting Q3 earnings.
May 20, 2024 | 8:48 pm
News sentiment analysis
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NEGATIVE IMPACT
CrowdStrike shares are trading lower in sympathy with Palo Alto Networks' post-Q3 earnings decline.
CrowdStrike is experiencing a decline in its stock price due to the negative sentiment from Palo Alto Networks' earnings report.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 70
NEGATIVE IMPACT
Palo Alto Networks shares fell after reporting Q3 earnings, causing a ripple effect in the cybersecurity sector.
Palo Alto Networks' Q3 earnings report led to a decline in its stock price, which in turn affected other cybersecurity stocks.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
SentinelOne shares are trading lower following Palo Alto Networks' Q3 earnings report.
SentinelOne's stock is down as a result of the broader negative sentiment in the cybersecurity sector following Palo Alto Networks' earnings.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 70
NEGATIVE IMPACT
Zscaler shares are trading lower in reaction to Palo Alto Networks' Q3 earnings report.
Zscaler is seeing a drop in its stock price due to the negative impact of Palo Alto Networks' earnings on the cybersecurity sector.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 70