🔴 HACK is trading 1.97% down today after Palo Alto Networks’ earnings pressured cybersecurity stocks

HACK is trading at $109.65, down 1.97%, after cybersecurity stocks weakened following Palo Alto Networks’ September 1 earnings report.

• Palo Alto Networks reported $3.41 billion Q4 revenue and $1.02 adjusted EPS, exceeding quarterly revenue and adjusted-earnings expectations.
• Investors focused on margin pressure and rising costs; its shares fell 5.25% during the regular session and another 1.78% after hours.
• Broader indices are mixed on September 2, limiting evidence of a market-wide selloff.