GMBStaff

 3 Sep 23

tl;dr

<p>Shares of Zscaler (NASDAQ:ZS) increased by over 6% as cybersecurity stocks saw a boost after CrowdStrike Holdings (NASDAQ:CRWD) reported impressive second-quarter results. CrowdStrike, a prominent player in endpoint security, surpassed expectations and adjusted its guidance. Analysts commen...

Zscaler (NASDAQ:ZS) shares rose over 6% as cybersecurity stocks performed well following strong second-quarter results from CrowdStrike Holdings (NASDAQ:CRWD). CrowdStrike, considered a leader in endpoint security, exceeded estimates and adjusted its guidance. Analysts praised the profitability and cash flow of CrowdStrike, and raised their price targets for the stock. Looking ahead, CrowdStrike expects strong performance in the third quarter with higher revenue and earnings guidance.

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