Reported about 8 hours ago
Palo Alto Networks shares experienced a nearly 7% decline after their earnings report, with guidance that largely met expectations overshadowing better-than-anticipated quarterly results. The stock closed around $181, slightly negative for the year but still 25% up from lows last month. Investors should observe critical support levels at $180 and $165, while resistance is noted around $205 and $240, as the company continues its shift towards a cloud-based cybersecurity platform.
Source: YAHOO