Zscaler Stock Falls Sharply After an Earnings Beat. Here Is Why.
Zscaler stock was tumbling Friday after the cloud-based internet security company’s guidance deflated investor enthusiasm, even as its second-quarter results handily beat estimates.
Zscaler (ticker: ZS) was down 18.4% to $214.82 on Friday. The shares have lost 33% this year.
For the third quarter ending in April, Zscaler predicts earnings…
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