🔴 Zscaler is trading 4.46% down today amid spillover from Fortinet’s outlook

Zscaler is trading at $239.88, down 4.46%, as cybersecurity-sector pressure continues after Fortinet’s outlook unsettled investors.

• Fortinet shares fell sharply despite an earnings beat after its service-revenue forecast was cut, prompting broader concern about cybersecurity growth expectations.
• Broader technology weakness may also add pressure: the Nasdaq is down 2.84% and software ETF IGV is down 4.26%.