Earnings live: Palo Alto Networks stock sinks after company cuts full-year-forecast
The software trade is still under pressure. Late Tuesday, shares of cybersecurity giant Palo Alto Networks (PANW) fell as much as 6% after the company cut its full-year earnings outlook. The company's report comes as fourth quarter earnings season enters its final stretch. As of Feb. 13, 74% of S&P 500 (^GSPC) companies had reported results, according to FactSet data, and blended earnings growth — meaning a combination of reported results from companies and projected profits from analysts — stood at 13. ...