Palo Alto Networks bet big on bundling. Investors want more proof that it’s working

Admin—August 18, 2024 0

The Palo Alto Networks stand on day three of the Mobile World Congress the telecom industry’s biggest annual gathering at the Fira de Barcelona on March 01, 2023 in Barcelona, Spain.

Chris Jung | Nurphoto | Getty Images

Palo Alto Networks stock has been on a tear into Monday’s fourth-quarter earnings report, entering Friday’s session up nearly 17% since Aug. 5 compared to a roughly 7% gain for the S&P 500. Translation: Investor expectations of the cybersecurity leader are high.

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Palo Alto Networks bet big on bundling. Investors want more proof that it’s working

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