Reported about 6 hours ago
Palo Alto Networks has declared a 2-for-1 stock split, expected to take effect on December 16, following a significant rise in share price since its last split. This decision comes amid growing cybersecurity demands and impressive financial performance, including a 14% revenue increase year-over-year in Q1 2025. While the stock split isn't a primary reason to invest, the company's strong growth metrics and industry leadership in cybersecurity make it a compelling option for investors, despite its high valuation.
Source: YAHOO