Geopolitics Alpha

Palo Alto Networks Slips Into Bear Market as Earnings Loom and Valuation Risks Persist

Published . Updated .

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GEOPOLITICS ALPHAPalo Alto Networks Slips Into BearMarket as Earnings Loom andValuation Risks PersistPANWGEOPOLITICS ALPHA

This report is about the broad US market.

Directly affected

  • PANW Palo Alto Networks-10.7% 30d

    Named in this report.

Indirectly affected

  • DIA SPDR Dow Jones Industrial Average ETF+0.3% 13d

    SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “bear market” (the broad US market) in this story.

  • QQQ Invesco QQQ-9.8% 30d

    Invesco QQQ: it is a broad US stock-market fund. Linked by “bear market” (the broad US market) in this story.

  • XLK Technology Select Sector SPDR+3.3% 6d

    Technology Select Sector SPDR holds the technology sector that Palo Alto Networks belongs to, so it often moves with news about it.

  • FTNT Fortinet-28.4% 30d

    Fortinet is a peer of Palo Alto Networks in computer peripheral equipment; rivals often move on the same news.

  • LOGI Logitech International S.A-1.8% 30d

    Logitech International S.A is a peer of Palo Alto Networks in computer peripheral equipment; rivals often move on the same news.

  • AAPL Apple+6.5% 30d

    Apple is a large technology company like Palo Alto Networks; big names in a sector often move together.

  • CSCO Cisco Systems-9.1% 30d

    Cisco Systems is a large technology company like Palo Alto Networks; big names in a sector often move together.

  • DELL Dell Technologies-34.0% 30d

    Dell Technologies is a large technology company like Palo Alto Networks; big names in a sector often move together.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
PANW+2.72%+3.82%baseafter closeafter closeafter closeafter close
DIA+0.04%+0.26%baseafter closeafter closeafter closeafter close
QQQ-0.18%+1.53%baseafter closeafter closeafter closeafter close
XLK+0.36%+2.42%baseafter closeafter closeafter closeafter close
FTNT-3.70%+0.73%baseafter closeafter closeafter closeafter close
LOGI-4.60%-1.99%baseafter closeafter closeafter closeafter close
AAPL-1.65%-0.17%baseafter closeafter closeafter closeafter close
CSCO+3.14%+5.42%baseafter closeafter closeafter closeafter close
DELL+0.51%+8.49%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Palo Alto Networks Slips Into Bear Market as Earnings Loom and Valuation Risks Persist Benzinga

Source: Benzinga

This story

CompanyWhenMoveStatus
AAPLthree days earlier-0.17%final price
AAPLfive days earlier-1.65%final price
CSCOthree days earlier+5.42%final price
CSCOfive days earlier+3.14%final price
DELLthree days earlier+8.49%final price
DELLfive days earlier+0.51%final price
DIAthree days earlier+0.26%final price
DIAfive days earlier+0.04%final price
FTNTthree days earlier+0.73%final price
FTNTfive days earlier-3.70%final price
LOGIthree days earlier-1.99%final price
LOGIfive days earlier-4.60%final price
PANWthree days earlier+3.82%final price
PANWfive days earlier+2.72%final price
QQQthree days earlier+1.53%final price
QQQfive days earlier-0.18%final price
XLKthree days earlier+2.42%final price
XLKfive days earlier+0.36%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Palo Alto Networks Slips Into Bear Market as Earnings Loom and Valuation Risks Persist” scores 12 out of 100. The score uses 1 sources.