🔴 Palo Alto Networks is trading 4.59% down on October 30 as Fortinet’s weaker outlook pressured peers

Palo Alto Networks is trading 4.59% down now at $366.40 after investors reacted to Fortinet’s weaker service-revenue outlook and sold cybersecurity peers.

• ServiceNow and Fortinet fell sharply after results; the software ETF dropped more than 4%.
• A report described sympathy selling, citing Palo Alto Networks at $375, down 5%; those figures differ from the supplied live price context.
• Palo Alto Networks announced a mini-tender notice, but no source linked it to the share decline.