Why Palo Alto Networks Stock Is Sinking Today

Despite hitting an all-time high earlier in today's session, Palo Alto Networks (NASDAQ: PANW) stock is now in the red Tuesday. The cybersecurity company's share price was down 4.3% as of 2:30 p.m. ET.Palo Alto Networks stock hit a new record high early in today's trading, but the company's share price is now seeing a significant pullback in conjunction with news that a major acquisition could be on the horizon. According to a recent report from The Wall Street Journal, Palo Alto is on track to acquire CyberArk Software and could pay a big valuation premium in the deal. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool