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    Zscaler Stock Drops 13% on Weak Profit Outlook | FinOracle

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Zscaler Stock Drops 13% on Weak Profit Outlook

Zscaler's stock fell 13% despite strong Q4 results, due to weak profit outlook for fiscal 2025, below analyst expectations.

by Mark Eisenberg
Wed, Sep 4, 2024 9:00am
in Stock Market
• 2 mins read
13.9k
Zscaler Stock Drops 13% on Weak Profit Outlook | FinOracle

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Zscaler Stock Tumbles on Profit Concerns

Zscaler, a cloud security company, experienced a significant stock price drop of 13% in after-hours trading, despite posting impressive fourth-quarter results. The decline was primarily attributed to a cautious profit outlook for the upcoming fiscal year, which disappointed investors.

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