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Zscaler, a cybersecurity company, reported strong growth with an upbeat Q4 forecast, leading to a significant increase in its stock price. SentinelOne, on the other hand, saw its shares fall due to a missed outlook metric. Zscaler's stock soared by 17.5% in premarket trading after forecasting Q4 revenue and profit above estimates, offering relief to the cybersecurity sector.
$ZS (+16.9% pre) Zscaler’s stock rockets as upbeat earnings offer relief to cybersecurity sector - MW https://t.co/o5LpRplMku
$ZS Zscaler Shares up 17.5% Premarket After Co Forecasts Q4 Revenue, Profit Above Estimates
Zscaler’s stock rockets as upbeat earnings offer relief to cybersecurity sector https://t.co/vogoThh2qo