Palo Alto Networks Jumps, Dayforce Surges, First Solar Rises
On this edition of Stock Movers:- Palo Alto Networks Inc. (PANW) jumped on a stronger-than-expected annual forecast, as the company seeks to provide customers with a bundle of AI-enabled cybersecurity products to fend off attacks. Fiscal-year sales will be about $10.5 billion, the company said Monday in a statement. Analysts, on average, estimated $10.4 billion, according to data compiled by Bloomberg. The shares increased about 5% in extended trading in New York, after closing at $176.17. Palo Alto’s results suggest the company’s strategy of offering a platform of cybersecurity…
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