Palo Alto Networks Announces 2-for-1 Stock Split. Here's What Investors Need to Know.

This marks just the second stock split ever for the cybersecurity specialist.There's no denying the ongoing threat of cybersecurity attacks. The global average cost of a data breach in 2024 thus far has been $4.88 million, according to a report by IBM, and that amount grows with each passing year. The stakes have never been higher and with the significant potential for business disruption, cybersecurity has become a critical consideration for any business -- and Palo Alto Networks (PANW 0.47%) is an undispu ...