Why Zscaler Stock Plummeted This Week
(NASDAQ: ZS) stock crashed this week after the company published results for the third quarter of its 2026 fiscal year -- which ended April 30. The cybersecurity specialist's share price moved 18.3% lower compared to where it stood at the end of the previous week's trading. Meanwhile, the S 500 rose 1.8%, and the Nasdaq Composite was up 2.6%.
Zscaler released its fiscal Q3 report on May 26, and the stock got hit with big sell-offs despite sales and earnings for the period coming in ahead of the average Wall Street analyst estimates. The company's share price is now down roughly 49% over the last year.
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Source Fool.com
Zscaler Inc Aktie
145,92 €
3,50 %
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