Zscaler tanks 31% for worst day ever on 'prudent' guidance, sales shakeup
Zscaler has shed half its value over the last year.
Source
CNBC
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AI Bias Analysis
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Zscaler has shed half its value over the last year.
Source
CNBC
Opens original article in a new tab
Shares of Zscaler were headed for a record one-day decline of more than 31% after the cybersecurity company shocked investors with a downbeat revenue outlook.
Equities had been prone to larger upswings when President Trump previously talked positively about the two sides getting closer to ending the Iran war

Synopsys Inc. said it has reached an agreement with Elliott Investment Management and is appointing the activist investor’s Jesse Cohn to the chip-design software maker’s board.

Asian stocks were set to edge lower, while oil gained as investors weighed conflicting signals over prospects for a deal to end the war in Iran and restore energy flows through the crucial Strait of Hormuz.