News Formal

Zscaler, Splunk stocks eye new records after earnings beats, analyst price hikes

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Shares of Zscaler Inc. ZS, -2.05% and Splunk Inc. SPLK, -1.

86% were both looking at substantial gains and new records in Friday trading after both cybersecurity companies topped Wall Street estimates in earnings reports late Thursday and analysts raised price targets. Shares of Zscaler were up nearly 15% in premarket activity on track for a record high, after closing down 2.1% Thursday at $49.68, as the company's results and outlook were better than analysts expected. Shares closed at a record $50.72 on Wednesday.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

J.C. Penney's stock soars after earnings, revenue beats, to close more stores in 2019
Source: MarketWatch - 🏆 3. / 97 Read more »

Tech stocks take a beating after hours on disappointing earnings reportsBox, HP, Square, Fitbit and Elastic are among the technology companies that declined after reporting earnings on Wednesday. Including Cisco ?
Source: CNBC - 🏆 12. / 72 Read more »

Square stock falls after mixed outlook overshadows earnings beat
Source: MarketWatch - 🏆 3. / 97 Read more »

UPDATE: AutoZone stock up 8% premarket after earnings beat
Source: MarketWatch - 🏆 3. / 97 Read more »

GW Pharmaceuticals stock rises after earnings beat
Source: MarketWatch - 🏆 3. / 97 Read more »

Palo Alto Networks stock rallies after big earnings beat
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks will roar to new highs despite earnings slowdown, market bull Ed Yardeni predictsWall Street bears are too worried about the earnings slowdown, according to Yardeni Research's Edward Yardeni. Plank Unfortunately he will be completely wrong. Earnings revisions are heading south and company warnings will kick in with Q1 numbers ... sentiment indicators are stretched and no bears left. VIX too low ...
Source: CNBC - 🏆 12. / 72 Read more »