The Traderszone Network

Published in TZ Latest News 18 July, 2016 by The TZ Newswire Staff

Has Palo Alto Networks Inc Stock Finally Hit Bottom?

About the only good news for Palo Alto Networks (NYSE: PANW) shareholders of late is that its stock price is slowly inching back up to its post-earnings level of $129.86. Of course, Palo Alto shares were sitting at $148.18 on May 26, before fiscal 2016 third-quarter earnings were announced, then nosedived over 12% the following day. With a 52-week high of $200.55 a share, value investors may think Palo Alto represents an opportunity.

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