Zscaler Stock Sinks on Guidance. Time to Buy the Dip?

Was the tech stock's sell-off an overreaction? Shares of Zscaler (ZS -3.37%) sank after the cybersecurity company issued disappointing guidance in conjunction with its fiscal 2024 fourth-quarter results this week. The stock now trades down nearly 27% so far this year. Disappointing guidance often triggers the market to sell a stock, but was this selloff an overreaction? If it was, is now a good opportunity to buy the stock on the dip? Disappointing guidance In its fiscal fourth quarter (ended July 31), Zsca ...