Reported about 2 months ago
Palo Alto Networks shares soared 9.3%, marking the largest gain in nearly a year, following a strong earnings forecast and a $500 million increase in its share buyback program. The company announced projected earnings of $1.47 to $1.49 per share, surpassing analyst expectations. This positive momentum comes after a period of sales challenges, and the company's market capitalization reached a record $121 billion.
Source: YAHOO