Why Palo Alto Networks Stock Lost 10% in March
Palo Alto Networks (NYSE: PANW) shareholders lost ground to a rallying market last month. Their stock dropped 10% in March compared to a 4.2% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.
The slump put shares back into negative territory for 2021, although they have still more than doubled in the past 12 months.
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Source Fool.com