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Why Zscaler Stock Was Slipping Today

TheMotleyFool

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Why Zscaler Stock Was Slipping Today: https://g.foolcdn.com/editorial/images/716362/cybersecurity-getty-6217.jpg

Shares of Zscaler (NASDAQ: ZS) were falling today after the cloud-based cybersecurity company got downgraded by Morgan Stanley.

As of 1:36 p.m. ET, the stock was down 4.1%.

Zscaler, which provides a VPN alternative that gives companies secure gateways to connect, pulled back today after Morgan Stanley lowered its rating to equal weight from overweight, citing near-term caution in the cybersecurity market.

Source Fool.com

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