Why Zscaler Stock Was Slipping Today
Shares of Zscaler (NASDAQ: ZS) were falling today after the cloud-based cybersecurity company got downgraded by Morgan Stanley.
As of 1:36 p.m. ET, the stock was down 4.1%.
Zscaler, which provides a VPN alternative that gives companies secure gateways to connect, pulled back today after Morgan Stanley lowered its rating to equal weight from overweight, citing near-term caution in the cybersecurity market.
Source Fool.com
