Why Palo Alto Networks Stock Is Sinking Today

Palo Alto Networks (NASDAQ: PANW) stock is heading lower following the company's latest earnings report. The cybersecurity specialist's share price was down 6.8% as of 10:40 a.m. ET. The S&P 500 was down 0.4% at the same point in the daily session.The broader market is facing some bearish pressures connected to rising oil prices and bond yields today, and that's likely having a negative impact on Palo Alto stock. Additionally, investors seem to be having a negative reaction to the company's quarterly results even though sales and earnings topped Wall Street's forecasts. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool