Why Palo Alto Networks Stock Sank Today

Despite bullish momentum for the broader market, Palo Alto Networks (NASDAQ: PANW) stock got hit with a substantial pullback in Wednesday's trading. The cybersecurity company's share price closed out the day down 6.8% and had been off as much as 10%. The S&P 500 rose 0.5%, and the Nasdaq Composite jumped 0.7%. Palo Alto Networks published its fourth-quarter results after the market closed yesterday and actually delivered sales and earnings that came in above Wall Street's targets. Unfortunately, investor ...