Market Blog

The plunging ‘Cloud’ – Palo Alto and Salesforce may have further bearish sentiments

Palo Alto Networks, Inc., a cloud-based internet security company fell as much as 15% on Friday despite a lack of any kind of news. We saw a free fall of cloud-based tech stocks on Friday, despite positive earnings reports and "Buy" recommendations from brokers. PANW - Palo Alto Networks, Inc Fundamentals Previously closed at 127.51 Days high 139.89 Days low 123.8 P/E ratio N/A EPS -2.09   Analyst opinion Despite