Palo Alto Networks Plunges 14% in a Month: Time to Hold Tight or Exit?
Key Takeaways PANW has dropped 14.4% in a month, underperforming the Security industry and key peers.Investor concerns stem from pricey deals for Chronosphere and CyberArk amid slowing growth.PANW's revenues and NGS ARR continue to decelerate, with shares trading below key moving averages.Palo Alto Networks’((PANW) shares have lost 14.4% over the past month, underperforming the Zacks Security industry’s decline of 11.3%. The stock has also underperformed its industry peers and competitors, including CheckPo ...