Zscaler Stock Stumbles Despite Earnings Beat

Shares of Zscaler (NASDAQ: ZS) are 2.9% lower to trade at $266.49 this morning, paring premarket gains despite the company inching past earnings and revenue estimates with $0.89 per share on $719.23 million in revenue. The cloud security leader delivered a strong fourth quarter, with continued growth stemming from its AI-powered model, though the fallout from a recent data breach may be spoiling its post-earnings momentum.If today's dip holds, it would extend the equity's slide to three consecutive sessions ...