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 21, 2024 | 10:33 am
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 shares are affected by the broader sector decline triggered by Palo Alto Networks' Q3 earnings report.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Fortinet shares are trading lower in response to Palo Alto Networks' Q3 earnings report.
Fortinet shares are impacted by the negative sentiment in the cybersecurity sector due to Palo Alto Networks' Q3 earnings.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Palo Alto Networks shares fell after reporting Q3 earnings, impacting the broader cybersecurity sector.
Palo Alto Networks' Q3 earnings report led to a decline in its share price, which in turn caused a ripple effect across the cybersecurity sector.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
SentinelOne shares are trading lower in sympathy with Palo Alto Networks' Q3 earnings decline.
SentinelOne shares are affected by the broader sector decline triggered by Palo Alto Networks' Q3 earnings report.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Zscaler shares are trading lower in response to Palo Alto Networks' Q3 earnings report.
Zscaler shares are impacted by the negative sentiment in the cybersecurity sector due to Palo Alto Networks' Q3 earnings.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80