Customers exit an Abercrombie & Fitch store in San Francisco. David Paul Morris | bloomberg | Getty Images Check out which companies are making headlines in the midday trading. Citigroup – Citigroup shares fell nearly 3%. The bank announced plans to spin off Mexican business Banamex through an initial public offering after its efforts to …
Participate in Palo Alto Networks (PANW) jumped on Wednesday after the cybersecurity company’s third-quarter earnings and financials beat Wall Street targets. Substantial customer growth for cloud-based services was a bright spot for PANW stock in the April quarter. X PANW stock rose 8.7% to 206.15 in morning stock trading today. Palo Alto released its results …
Palo Alto earnings top ratings on the cloud, significant customer growth Read More »
Balancing earnings with growth is what leading cybersecurity Palo Alto Networks (PANW) continues to excel at, resulting in a better-than-expected quarter and strong earnings guidance. Tuesday’s late release, which was rewarded in after-hours trading with a gain of nearly 4%, despite a tougher deal-making environment. PANW’s fiscal third-quarter 2023 revenue rose 24% year-over-year to $1.72 …
