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Why Are Shares of Palo Alto Networks Down After Earnings?

By Neil Rozenbaum – May 21, 2024 at 11:56AM

Palo Alto Networks (PANW) stock is down 9% despite a double beat.

In this video, I will go over Palo Alto Networks' (PANW +0.97%) earnings report and explain why the stock is down despite a double beat.

*Stock prices used were from the trading day of May 20, 2024. The video was published on May 20, 2024.

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palo Alto Networks. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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