Palo Alto Drops 13% on Slowdown; Security ‘Bubble’ Over?

Tech Trader Daily
By Tiernan RayMay 27, 2016, 11:46 am165 pts
Shares of security technology vendor Palo Alto Networks (PANW) are down $19.16, or 13%,a t $129.02, after the company yesterday afternoon reported fiscal Q3 revenue that topped analysts’ expectations, and profit in line with consensus, and forecast this quarter’s results in line. During a conference call…

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