Zscaler Jumps 22% After Raising Guidance – Should You Buy the Stock Ahead of 3rd Quarter Earnings?

By |2023-12-07T20:56:17+00:00May 8th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , |

One of today’s biggest movers in Monday morning’s trading session is cybersecurity company Zscaler (ZS). The stock has climbed more than 22% after raising guidance and resetting expectations for the fiscal third-quarter earnings report. This came as a result of a dramatic increase in revenue expectations. Previously, Zscaler was looking to produce revenue somewhere [...]