Palo Alto Networks Slumps 7% as Q3 Profit Guidance Falls Short
Palo Alto Networks, Inc. (PANW) plunged 7.83% to $150.69 in overnight trading as of 12:10 AM EST, after closing the regular session at $163.50, down 2.07% (-$3.45), as investors reacted to weaker-than-expected profit guidance. The third-quarter profit guidance fell short of Wall Street expectations, overshadowing solid revenue growth and a raised full-year outlook. The decline … Read more
