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Zscaler’s Earnings Were a ‘Jaw-Dropper.’ But Stock Loses Gains
Zscaler shares turned lower Friday even after the software security company posted quarterly earnings that topped analysts’ forecasts and issued an outlook for current-quarter revenue ahead of estimates.
The stock was down 1.52% to $275.96. It has gained 37% so far this year and more than 113% over the past 12 months.
Wedbush analyst Dan…