Zscaler: A Textbook Buy-the-Dip Opportunity
Portfolio Pulse from
Zscaler's shares dropped over 7% in premarket trading after its FQ1/CQ3 earnings report, presenting a potential buy-the-dip opportunity. Despite the decline, the report's only downside was not meeting analysts' expectations.
December 05, 2024 | 12:30 pm
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Zscaler's shares fell more than 7% in premarket trading due to an earnings report that did not meet analysts' expectations, creating a potential buy-the-dip opportunity.
The significant drop in Zscaler's stock price following the earnings report suggests a negative market reaction. However, the article frames this as a buy-the-dip opportunity, indicating potential for a rebound. The lack of other negative factors in the report supports this view.
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