Why Palo Alto Network's Stock Fell This Week
Palo Alto Networks (NASDAQ: PANW) shareholders lost ground to a falling market this week. The cybersecurity stock fell 7% through trading on Thursday compared to a 3% slump in the S&P 500, according to data provided by S&P Global Market Intelligence.
The decline was powered by worries about the company's quarterly earnings announcement, which occurred after the market closed on Thursday. That report contained mostly good news about the business, though, which might power a rebound in the stock on Friday.
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Source Fool.com
